Arabian Gulf Business Insight published on 19 March 2025 an article titled "Algeria Cancels Deep-water Port Project with China" by Chris Hamill-Stewart.
Algeria has shelved a $3 billion project to build a deep-water port at Cherchell, about 90 kilometers west of Algiers. Algeria signed an agreement in 2016 with the China State Construction Engineering Corporation and China Harbour Engineering Company to build the port. China Export-Import Bank was to finance the project and Shanghai Ports to operate it for the first 25 years. Several reasons were given for the cancellation.
