Vietnam attends BATIMATEC 2012 in Algeria

Tuesday, 05/08/2012 07:00
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Vietnam’s Viglacera Corporation took part in the 15th international construction, building materials and public works exhibition BATIMATEC 2012 in Algeria from May 3-7.

Its stall showcasing sanitary ware, ceramic tiles, construction glass, and clay bricks has attracted many visitors.

The event this year attracted 1,032 companies, consisting of 488 foreign businesses, covering an area of 44,000 square metres.

Commercial Counsellor of the Vietnamese Embassy in Algeria, Nguyen Van Mui, said Algeria is a potential market for many countries, including Vietnam, in the field of construction and building materials.

For its five-year socio-economic development programme (2010-2014), the Algerian Government has allocated US$286 billion, including US$100 billion to be spent on building new 2 million apartments, 5,000 schools, 172 hospitals and 35 dams, he said.

This is a good opportunity for Vietnamese businesses to export building products to Algeria, Mr Mui added.

Vietnam-Algeria trade turnover in the first quarter of 2012 reached US$53.5 million, up 67 percent compared to the same period last year.

Source : VOVNews

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