Legal Framework

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Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.

 

Algeria has attracted strong interest from foreign investors over the last few years. As a market of 40m people, which boasts substantial energy resources and maintains a steady demand for modern infrastructure supported by significant public investment, the country appears primed for significant growth in the coming years.

 

How will the new investment code affect the business climate in Algeria for foreign investors?

Chapter | Legal Framework from The Report: Algeria 2016

OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. Samy Laghouati, Partner, Gide, on the new investment code.

Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.

 

The provision of public infrastructure and services has typically been viewed as the responsibility of the government. This is premised on the fact that being the repository of taxes and other revenue, the state has a primary obligation to provide public services and infrastructure that are non-profit oriented, while the private sector...

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