Today, the Minister of Tourism and Handicrafts, Yassine Hammadi, supervised the official opening of a forum on “Mechanisms for financing hotel and tourism projects in Algeria.”
The forum was attended by the Minister of Knowledge Economy, Emerging Enterprises, and Small Enterprises, Yassin El Mahdi Walid, and the Advisor to the President in charge of Economic Affairs, Yassin Ould Moussa, and a qualitative participation of actors in the tourism sector, including tourism dealers, representatives of financial and banking institutions, owners of hotel establishments, and investors.
This forum, which is organized by the National Federation of Hotel and Tourism, coincides with the dynamism that the sector knows to launch projects and investments, especially those related to the financial aspect.
Mr. Minister, during his opening speech, stressed the importance of this forum, which highlights project financing, which is a pivotal factor for tourism projects, in which the state has made great strides, especially in the field of simplifying banking procedures in all its stages, and facilitating the granting of loans and methods of repayment, for the benefit of projects. Which all flow into the approach of expanding the hotel barn and tourism projects.
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