Cairo – Prime Minister Sifi Ghrib outlined a series of institutional and legal reforms undertaken by Algeria during a presentation in Cairo today. The reforms aim to create an environment conducive to attracting foreign investment and stimulating significant growth within the national economy.
Speaking to an audience of Egyptian investors, Prime Minister Ghrib emphasized the strategic importance of these reforms. He stated that the Algerian government is committed to establishing a transparent and predictable regulatory framework to facilitate business operations and protect investor interests. This includes streamlining bureaucratic procedures, enhancing legal protections for investments, and improving access to financing.
“These reforms represent a comprehensive effort to modernize our economic landscape and unlock Algeria’s vast potential,” Prime Minister Ghrib stated. “We are creating a level playing field for all investors, both domestic and foreign, to participate in our nation’s economic development.”
The Prime Minister specifically highlighted key sectors where Algeria offers significant investment opportunities, including renewable energy, agriculture, tourism, and infrastructure development. He underscored the government’s commitment to providing incentives and support to investors who choose to partner with Algeria in these strategic areas.
He urged Egyptian investors to seize the opportunity and explore the numerous possibilities for investment in Algeria. The Prime Minister assured them of the government’s full support and commitment to ensuring a mutually beneficial partnership. “Algeria is open for business, and we are eager to welcome Egyptian investors to contribute to our shared prosperity,” he concluded.
The presentation was well-received by the attendees, who expressed keen interest in learning more about the specific details of the reforms and the investment opportunities available in Algeria.
