Algiers – Prime Minister Sifi Ghrib presided over the inaugural session of the National Investment Council (NIC) today, Tuesday, January 27, 2026. The meeting focused primarily on a comprehensive evaluation of the National Investment Promotion Agency (NIPA).
The Prime Minister emphasized the government’s unwavering commitment to fostering a more attractive and streamlined investment climate across the nation. Key areas of discussion included identifying and addressing bureaucratic hurdles that impede investment projects, enhancing transparency in regulatory processes, and developing targeted strategies to attract both domestic and foreign direct investment.
“Creating a conducive environment for investment is paramount to achieving sustainable economic growth and diversification,” stated Prime Minister Ghrib during his opening remarks. “This Council serves as a crucial platform for collaboration between government agencies, the private sector, and other stakeholders to identify challenges and implement effective solutions.”
The NIC reviewed NIPA’s performance over the past year, assessing its effectiveness in promoting investment opportunities, facilitating investor support services, and contributing to the overall improvement of Algeria’s investment attractiveness. The Council members deliberated on various recommendations aimed at strengthening NIPA’s capabilities and enhancing its role in driving investment-led growth.
Several concrete measures were proposed during the meeting, including:
- Simplifying administrative procedures for investment project approvals.
- Developing sector-specific investment promotion strategies.
- Strengthening partnerships with international investment agencies.
- Enhancing the skills and expertise of NIPA staff.
The Council concluded its session with a commitment to continue monitoring the implementation of these measures and to hold regular meetings to assess progress and address any emerging challenges. The next session is scheduled for the second quarter of 2026.
The government hopes to increase the level of investment across the country in key sectors such as manufacturing, renewable energy, and technology, creating new jobs and stimulating economic development in all regions.