Algerian Agency Discusses Investment Cooperation

The Algerian Agency for Investment Promotion hosted a representative from the International Investment Guarantee Agency (MIGA), part of the World Bank Group. The two parties discussed prospects for cooperation and ways to enhance Algeria’s attractiveness to foreign investments through structural reforms such as the new Investment Law and the investor single window mechanism. Investment opportunities across sectors including industry, pharmaceuticals, agriculture, renewable energy, tourism, and information technology were reviewed, along with measures to facilitate investment procedures and support capital flows. The International Agency confirmed that Algeria’s reforms increase the country’s attractiveness and help attract value-added investments. They also agreed to strengthen collaboration and share expertise to support economic growth and job creation.

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