Algeria is rapidly becoming a prime destination for agricultural investment in the Mediterranean region. This assertion was made by the Minister of Agriculture and Rural Development, Yacine Mehdi Oualid, highlighting the profound reforms and incentives implemented by the government to attract capital and encourage investors.
The Minister emphasized that these investments will enable the transformation of thousands of hectares in the southern regions into productive hubs, capable of meeting national needs and paving the way for exports. He cited major projects such as ‘Our Country‘ and ‘BF‘ as examples of the radical shift in the agricultural investment climate, making Algeria more open than ever to both domestic and foreign investors.
These statements were delivered during the opening of the International Agricultural Investment Forum, held under the patronage of the President of the Republic. The event saw the participation of the Director General of the Algerian Agency for Investment Promotion (AAPI), Omar Rekkache, and the Minister of Knowledge Economy, Startups and Micro-enterprises, Noureddine Ouadah, as well as experts and economic operators.
During the forum, Iman Toumi, a director at the AAPI, presented a detailed overview of the key investment opportunities available in the agricultural sector and related industries. She highlighted the advantages and incentives offered by the state and outlined the strategy for establishing specialized agricultural hubs in various regions of the country.
This international event aims to foster partnerships in the agricultural field, support the integration of innovation and modern technology into production, and encourage productive investment and sustainable development. Furthermore, it focuses on enhancing the ability of Algerian agricultural products to access international markets by improving quality, developing value chains, and increasing competitiveness.
Algeria’s commitment to agricultural development is poised to reshape the region’s investment landscape.
