The choice of Béjaïa as the location for a new petrochemicals plant and industrial zone was finalised in January 2014, a step forward for the government’s plan to invest in downstream energy as part of its broader goal of diversifying the economy. In that month, Hamou Ahmed Touhami, the governor of Béjaïa, a province on the coast east of Algiers, announced that the town...
Algeria Industry
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Articles & Analysis | A new industrial zone in El Kseur advances the diversification agenda from The Report: Algeria 2014
Articles & Analysis | Retail chains are chipping away at the dominance of informal markets from The Report: Algeria 2014
Consumption patterns in Algeria are beginning to shift towards modern retail, supported by rising income levels and greater exposure to formal shopping outlets and international brands. Small neighbourhood stores and the informal sector still account for the majority of retail turnover, but in recent years several domestic chains have expanded their footprint....
Chapter | Industry and Retail from The Report: Algeria 2014
Overreliance on the energy sector in the last three decades has siphoned investment away from manufacturing and left Algeria with high import demand in a number of critical areas, including food supply, machinery, electronics and other consumer goods. However, in the last 10 years, Algeria has focused on developing local manufacturing industries in order to reduce its heavy import spending,...
In many ways, Algeria finds itself in an enviable economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. Ample hydrocarbons revenue has allowed the government to channel capital into public expenditure programmes on infrastructure, health care, education, social housing and subsidies.
Economic update | Algérie : Les investissements dans l'industrie pourraient se pérenniser
22 Jul 2014
Restée fortement dépendante des exportations d'hydrocarbures durant plusieurs décennies, l'Algérie s'efforce aujourd'hui de développer les activités à forte valeur ajoutée et la production locale, de réduire la facture des importations et de créer de l'emploi. Même si les progrès sont lents, le pays a récemment récolté le fruit de ses efforts, puisqu’une vague de nouveaux investissements dans l’industrie manufacturière a été annoncée par divers investisseurs nationaux et étrangers.
Les hydrocarbures ont longtemps constitué la clé de voûte de l’économie algérienne mais ces derniers mois ont été placés sous le signe d’un encouragement des activités dans d’autres industries extractives, suite à l’entrée en vigueur d’une nouvelle législation visant à accroître la production minière.