Minister Kourtel, Savola CEO Discuss Algerian Agro-Food Expansion
Algerian Industry Minister Farid Kourtel met with a delegation from Saudi’s Savola Group, led by CEO Sameh Hassan, to explore expanding the company’s agro-food activities in Algeria. Discussions focused on enhancing local integration and production capacities while broadening the group’s presence in the national…
Algerian Industry Minister Farid Kourtel convened a meeting on Wednesday in Algiers with a delegation from the Saudi Savola Group, a key player in the agro-food industries sector. The delegation was led by the group's CEO, Sameh Hassan, and included the General Manager of its Algerian subsidiary. Officials from the Algerian Ministry of Industry were also present during the discussions.
The meeting served as an opportunity to review the Saudi company's current operations within Algeria and to consider prospects for short-term development. A core component of this discussion involved an approach centered on increasing the local integration rate of activities and strengthening existing production capacities across its operations in the country.
Furthermore, the participants explored avenues for expanding the Savola Group's investments in Algeria and enhancing its footprint within the national market. These deliberations underscore a commitment to fostering economic growth and industrial development through strategic foreign investment in the vital agro-food sector.
