23 Hrs
Source:
النهار أونلاين
Ennahar: Concession Contracts for Investment Projects Signed
Several concession contracts have been signed in various states to encourage diverse investment projects in Algeria, aiming to enhance local economic development and create jobs. In Annaba, 14 contracts were signed, covering the establishment of factories for processing vegetables and fruits, the production of mineral chemicals, electrical wires, and household electrical appliances, as well as hotel and two-star hotel projects, entertainment areas, commercial centers, and tourist restaurants. In Bordj Bou Arréridj, a contract was signed to establish an integrated aluminum manufacturing complex over an 8-hectare area, with expectations of creating approximately 1,000 direct jobs. Additionally, contracts were signed to establish a medical clinic in Megira, along with industrial projects in Batna, including refrigeration equipment, fat industry, and fertilizers. The efforts of the Algerian Agency for Investment Promotion continue to support and stimulate economic projects and job creation.
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