Algeria, October 29, 2018


Algeria open to foreign investments concluded as part of win-win partnerships

Minister of the Interior, Local Authorities and National Planning Noureddine Bedoui said, Thursday, that Algeria “is a stable country open to foreign investments concluded as part of win-win partnerships.”

In an address during the presentation of the cement plant “CILAS,” built in partnership with French company Lafarge Holcim, Bedoui said “Algeria, having succeeded to restore stability, is working for boosting economic development, mainly through win-win partnerships with world-class companies.”

Highlighting Algeria’s rich human and natural potential, the minister said “it is today essential to extend the scope by creating investments in various economic and industrial fields.”

Bedoui stressed the importance of such partnerships in addressing unemployment.

The minister also underlined the role of scientific research in economic development, calling all economic sectors “to meet the challenge of exportation, especially to African markets.”


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