What projects are being developed in the steel, electronics and textile industries?
Algeria Industry
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Articles & Analysis | All part of the plan: Local industries get a boost as the government seeks to reduce imports and diversify the economy from The Report: Algeria 2012
As part of the 2010-14 National Development Plan Algeria intends to reduce its dependency on oil and gas by nurturing the development of local non-hydrocarbons industries. Initiatives aim to encourage the establishment of value-added industries to meet the needs of the domestic market and gradually replace imports. As part of this effort, since 2009...
Chapter | Industry & Retail from The Report: Algeria 2012
As part of the 2010-14 National Development Plan, Algeria intends to reduce its dependency on oil and gas by nurturing the development of local non-hydrocarbons industries. The government is now pushing ahead with large-scale infrastructure projects to facilitate the movement of goods and passengers and improve logistics, leading to heightened demand for construction materials. Industrial...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.