More than 2,600 projects worth nearly $8 billion have been registered in the Algerian Agency for Investment Promotion – Hewar Algeria

Since November 1, 2022, the number of investment projects registered with the Algerian Agency for Investment Promotion has reached more than 2,600 projects, with a financial value of nearly $8 billion, according to this agency.

And during the period from November 1, 2022 to June 15, 2023, 2,606 projects were registered, of which 2,553 represent local investments, while 53 projects belong to foreign dealers, with a total authorized amount of 1084 billion DZD (about 8 billion dollars), according to the agency’s tally, which I reviewed. Aj” on the sidelines of the Algerian International Fair.

The same source explained that these projects registered with the Algerian Agency for Investment Promotion will allow the creation of 65,792 jobs, adding that more than half of the total number of projects (51%) represents the industrial sector with a value of 744 billion dinars, followed by the construction, public works and irrigation sector with 15%, and transportation. by 14%.

In addition, 166 agricultural projects have been registered across the country, with a value of 49.2 billion DZD.

These are projects related to agriculture, plant health, poultry fattening, industrial hatchery and aquaculture.

In the field of tourism, 105 investment projects with a total authorized amount of 47.5 billion DZD have been registered at the Algerian Agency for Investment Promotion.

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