# Bellara Steel to build $2B steel complex in Algeria

Algerian Qatar Steel (AQS) is building a new steel complex in Bellara, Algeria, with a total investment of $2 billion. The first phase is expected to start production in 2017, producing 2 million tons of steel annually and creating 2,000 direct jobs. Spanish companies Lymsa, Elecnor, and Butec are involved in construction and fabrication.

- Type: New facility
- Announced: 2017-01-30
- Where: Bellara, northeastern Algeria, Algeria
- Value: $2.00B
- Jobs: 2,000
- Starts operating: 2017
- Status: under construction
- Capacity: 2 million tons of steel per year (first phase); 4 million tons per year by 2019
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Algerian Qatar Steel](https://endata.com/companies/21796.md)
- [Elecnor](https://endata.com/companies/4751.md) (supplier)
- [Qatar Mining International](https://endata.com/companies/21797.md) (investor)
- [Lymsa](https://endata.com/companies/21798.md) (supplier)
- [Butec](https://endata.com/companies/21799.md) (supplier)

## Sources

- [infoconstruccion.es](https://www.infoconstruccion.es/noticias/20170130/lymsa-participara-proyecto), 2017-01-30: "La inversión total en el complejo de Bellara asciende a una suma de 2.000 millones de dólares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.