The Algerian Agency for Investment Promotion has launched a groundbreaking initiative to enable private operators to develop integrated industrial and activity zones on privately owned land — a bold shift toward diversifying real estate offerings dedicated to investment.
In this context, the Agency held a working session Tuesday with a developer proposing a fully integrated industrial investment city, examining concrete steps to bring the project to life.
The project, planned for Boughezoul (Medea), will span 74 hectares in its first phase, with expansion potential reaching 150 hectares. It will include multiple production units, service facilities, and supporting infrastructure — creating an integrated industrial ecosystem and generating significant local employment.
Discussions covered technical, economic, and administrative aspects, with a field visit scheduled for next Monday to assess feasibility and define the regulatory framework for launching the implementation phase.
This initiative marks one of the Agency’s first experiences in enabling private industrial zone development — reflecting Algeria’s firm commitment to empowering private enterprise and expanding economic spaces nationwide.
