Algeria

Algeria to Host Forum on Import Substitution Projects

Algiers, Algeria – The Algerian Investment Promotion Agency (AAPI) is set to host a study day next Wednesday focusing on investment opportunities in projects aimed at replacing imports with locally produced goods. The event will take place at the Palais des Expositions (Pins Maritimes) in Algiers.

The forum is scheduled to coincide with the 33rd edition of the Algerian Production Fair, providing a platform to explore strategies for bolstering domestic manufacturing and reducing the nation’s reliance on foreign imports. This initiative aligns with the government’s broader efforts to diversify the Algerian economy and promote sustainable growth.

The study day will bring together key stakeholders, including government officials, investors, business leaders, and industry experts. Discussions will center on identifying priority sectors for import substitution, attracting investment to these areas, and addressing challenges faced by local producers.

AAPI aims to highlight the potential for growth and job creation within Algeria by focusing on domestic production. The agency views this initiative as crucial for achieving greater economic self-sufficiency and enhancing the competitiveness of Algerian businesses.

Participants will have the opportunity to network, share insights, and explore potential partnerships to drive forward import substitution projects. The event is expected to generate significant interest among investors looking to capitalize on the growing demand for locally made products.

The Algerian Production Fair, running concurrently, will showcase a wide range of Algerian-made goods, further emphasizing the country’s commitment to promoting domestic industry. AAPI encourages all interested parties to attend the study day and explore the exciting opportunities available in Algeria’s evolving economic landscape.

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