AL24 News
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Algerian President Abdelmadjid Tebboune confirmed that the Algerian Agency for Investment Promotion has recorded approximately 10,000 investment projects of various sizes, including 300 projects related to foreign investors. This reflects strong confidence in the Algerian economy and leads to increased production and job creation. He also highlighted progress in strategic projects such as the railway line linked to the integrated phosphate project, which is expected to be completed before the end of the year, and the expansion of the Annaba port, scheduled for completion in the first quarter of 2027, with a Chinese company beginning to install export equipment for this project. These projects affirm Algeria's economic revival and the strengthening of the country's hard currency resources.
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