Prefab company established
German prefabrication company Praton International has joined forces with United Eastern Group (UEG) of Abu Dhabi to form Algeria's first prefabricated building company, Praton Construction Algeria (Pratco). State housing and savings bank Caisse Nationale de l'Epargne et de Preyvoyance (CNEP)is also taking a stake in the new venture which will have a paid-in capital of $10 million.
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