le secteur public propose 55 projets d’investissement éligibles au partenariat étranger
Summary of Algeria’s Industrial Investment Opportunities
Overview of Investment Projects
In a recent briefing during the Annual Meetings of the Islamic Development Bank (IDB) held in Algiers, Assia Zaarour, the General Director in charge of industrial investment and promotion of small and medium enterprises (SMEs) at the Ministry of Industry, revealed that the public industrial sector, under the ministry’s direction, has curated a portfolio of investment projects aimed at forming partnerships with both national and international operators. This portfolio includes 55 projects ready for study, submitted by 37 public economic enterprises (EPEs).
Key Sectors and Project Areas
Zaarour emphasized that these projects encompass a variety of fields, including:
- Textile and Leather Industries
- Advanced Technologies
- Steel and Metallurgical Industries
- Electrical, Electronic, and Household Appliance Industries
- Other Promising Sectors
This diverse range of sectors reflects Algeria’s strategic intentions in promoting industrial growth and collaboration.
Inflation of Opportunities
Imane Toumi, Deputy Director General at the Algerian Agency for Investment Promotion (AAPI), encouraged foreign operators to exploit the favorable business climate in Algeria. She noted several sectors ripe with potential for growth and investment, particularly emphasizing agriculture, which currently satisfies about 74% of national food needs but calls for enhancements in storage, equipment manufacturing, and crop production.
Hydraulics as a Fundamental Sector
Toumi also highlighted the hydraulic sector, recognizing its pivotal role in agricultural success. Despite its ongoing development, significant investments are still essential for the establishment of 10 new desalination plants and the production of desalination systems, pumps, and storage facilities.
Digital Transformation and Investment Regulations
In terms of digital transformation, Toumi urged foreign investors to take advantage of recent regulatory improvements in the sector. Notably, the establishment of electronic payment services opens up extensive opportunities for the launch of integrated electronic services equipped with advanced security systems, particularly aimed at e-payment and management.
Conclusion
Algeria’s industrial sector is poised for significant growth through strategic investments and international partnerships. The diverse range of projects available signals a proactive approach by the government to harness local and foreign expertise and resources for comprehensive national development.
