Algerian Industry Minister targets sector growth in 2027
The Algerian Ministry of Industry's 2027 budget focuses on strengthening innovation and industrial property, developing industrial integration and handling, with the goal of diversifying the economy and increasing the industrial sector's contribution to 13% of the Gross Domestic Product. Priorities include completing and settling operations in industrial zones, improving quality infrastructure, facilitating investment procedures, supporting small and medium-sized enterprises, and encouraging innovation through patent registration processes, which increased by 20% in 2025. The ministry's budget for the upcoming year amounts to 7.13 billion Algerian dinars as committed expenditure and 40.53 billion dinars in appropriations, with an emphasis on enhancing the competitiveness of Algerian products in African and international markets.
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