Arkab reçoit une délégation du groupe Sarens
Summary of Meeting Between Algerian Energy Minister and Sarens Group
On Tuesday in Algiers, Minister of State and Minister of Energy, Mines, and Renewable Energy, Mohamed Arkab, hosted a delegation from the Sarens Group, headed by Executive Director Wim Sarens. The meeting focused on investment opportunities in Algeria’s energy sector, as stated in a ministry communiqué.
The discussion highlighted the potential for enhancing cooperation between Sarens and key local enterprises, such as Sonatrach, Sonelgaz, and Sonarem. Arkab provided an overview of the sector’s development prospects, outlining major ongoing programs and investment opportunities available due to deep reforms and a new legal framework implemented by the government to foster a competitive business environment.
Key cooperation areas identified included infrastructure projects related to hydrocarbons, the construction of electrical installations, mineral resource transformation, and initiatives in renewable energy and desalination of seawater. Arkab emphasized the incentives and guarantees outlined in the new investment law, which aims to attract both national and foreign investors.
Moreover, he stressed the importance of quality partnerships focused on technology transfer, job creation, and enhancing local content. Discussions also explored how Sarens could contribute to national energy transition efforts by incorporating advanced technologies, including energy storage, solar energy, and wind energy—specifically in coastal and inland regions of Algeria, leveraging the country’s rich natural resources and Sarens’ considerable expertise.
Wim Sarens expressed strong interest in the Algerian market, reiterating the group’s commitment to expanding its presence via "Sarens Algérie." He highlighted the firm’s extensive global expertise in large project execution, which aligns with Algeria’s strategic goals in energy, mining, and renewable sectors, particularly in heavy lifting solutions, transportation, engineering, and high-level maintenance services.
In summary, the meeting underscored a mutual desire for collaboration, showcasing Algeria’s openness to international investments while highlighting the strategic alignment between Sarens’ capabilities and Algeria’s developmental ambitions in energy and mining.
