le président de la République appelle à renforcer davantage la compétitivité du produit national
Summary of the 56th International Fair of Algiers
On Monday, President Abdelmadjid Tebboune emphasized the importance of enhancing the competitiveness of national products, achieving self-sufficiency, and boosting exports, particularly in the industrial sector, during the inauguration of the 56th International Fair of Algiers (FIA). The industrial sector has shown notable growth in recent years, and this event was an opportunity for the President to visit various public and private company stands, encouraging economic operators to elevate their investment ambitions and improve product quality.
Key Highlights from the Fair
During his visit, Tebboune praised advancements in several industries, notably mechanical, military, and textile sectors, as essential for reducing import reliance. He specifically stressed the importance of improving export capabilities.
Military Industry Showcase
At the military industries pavilion, the President was provided with detailed insights into various establishments involved in telecommunications, military structures, and armaments. He recognized achievements in areas such as fiber optics, transmission equipment manufacture and maintenance, and explosive substances production.
Start-up Innovations
The President also visited stands from two start-ups, applauding Algeria’s significant strides in innovation. He reaffirmed ongoing efforts to elevate Algeria’s economic standing in Africa.
Textile and E-Commerce Developments
At the public textile and leather group, Getex, he observed a presentation detailing the company’s qualitative leap in diversifying production, enhancing quality, and modernizing distribution methods in collaboration with e-commerce start-ups.
Motorcycle Manufacturing
At VMS, a motorcycle manufacturing company, Tebboune encouraged economic operators to increase their investment efforts to create added value and jobs. The company’s diversification into motorcycles and light transport vehicles catering to young investors was particularly highlighted.
Agricultural Innovations
The President acknowledged the projects being pursued by the Hasnaoui group in agriculture, particularly seed production, which aims to lower input costs for farmers and contribute to the nation’s self-sufficiency.
Diplomatic Engagements
Tebboune started his visit at the Omani pavilion, where Oman was honored as this year’s guest of honor. Accompanied by government officials, he explored various Omani products. The choice of Oman reflects the growing bilateral relations marked by recent agreements on cooperation and investment opportunities in Algeria.
Support for Palestine
The President’s visit to the Palestine stand was significant, where he received a gift in acknowledgment of Algeria’s support for the Palestinian cause. Visits to other regional pavilions further demonstrated solidarity among the nations represented.
Companies and Innovations
One notable company the President toured was Algerian General Mechanics (AGM-Holding), involved in manufacturing equipment for construction and agriculture. He insisted on prioritizing national needs before moving towards exports, advocating for continuous operational systems.
Event Overview
The 56th FIA, themed "For Sustainable Joint Cooperation," featured 684 exhibitors, including 145 foreign companies from 31 countries across all five continents. This event serves as a vital platform for showcasing Algeria’s industrial capabilities while fostering international cooperation and investment opportunities.
By underscoring these various sectors and initiatives, President Tebboune’s visit to the FIA not only highlighted Algeria’s industrial growth but also aimed to inspire greater ambition among local entrepreneurs while enhancing regional and international cooperation.
