{"id":10191,"date":"2024-12-25T11:55:08","date_gmt":"2024-12-25T10:55:08","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=10191"},"modified":"2024-12-25T11:55:10","modified_gmt":"2024-12-25T10:55:10","slug":"algerian-investment-promotion-agency-launches-second-phase-of-reforms","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=10191","title":{"rendered":"Algerian Investment Promotion Agency Launches Second Phase of Reforms"},"content":{"rendered":"\n<p><strong>Date:<\/strong> Tuesday, December 24, 2024<br><strong>Category:<\/strong> Economy<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Title:<\/strong> Algerian Investment Promotion Agency Launches Second Phase of Reforms<\/p>\n\n\n\n<p><strong>Location:<\/strong> Algiers \u2013 The Algerian Investment Promotion Agency (AAPI) has officially initiated the second phase of its reforms, focusing on enhancing the efficiency of the One-Stop Shop system and improving the allocation of investment land. This announcement was made by AAPI Director-General Omar Rekach during the Government-Walis meeting at the International Conference Center in Algiers, inaugurated by President Abdelmadjid Tebboune.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Progressing with Reforms<\/strong><\/p>\n\n\n\n<p>Rekach highlighted the significant strides made during the first phase of reforms, overcoming numerous obstacles. He stated, &#8220;The time has come to accelerate progress,&#8221; emphasizing the operationalization of a comprehensive One-Stop Shop where investors can access all services in one location, eliminating the need to navigate multiple administrative entities.<\/p>\n\n\n\n<p>To ensure efficiency, AAPI collaborates with key sectors such as housing and the environment to amend regulatory provisions, aligning them with the principles of granting approvals directly through the agency&#8217;s One-Stop Shops.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Transparent and Targeted Investments<\/strong><\/p>\n\n\n\n<p>In advancing its reform agenda, AAPI has improved its investment evaluation framework. These adjustments aim to prioritize serious investors and economically viable projects, ensuring transparent and equitable access to investment land.<\/p>\n\n\n\n<p>Additionally, AAPI has revamped the structure of its Board of Directors, raising representation levels for sectors involved in investment processes. The board now oversees:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Defining priority activities for each region.<\/li>\n\n\n\n<li>Allocating land resources accordingly.<\/li>\n\n\n\n<li>Ensuring equitable project distribution across Algeria\u2019s provinces in line with their specific characteristics.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Rebuilding Trust and Setting Ambitious Goals<\/strong><\/p>\n\n\n\n<p>Rekach noted the resurgence of trust among both domestic and international investors, attributing this to Algeria\u2019s strong political will and tangible progress on the ground.<\/p>\n\n\n\n<p>With the initial phase successfully completed, AAPI has set ambitious targets, aiming to realize 20,000 investment projects over the next five years. This goal includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Expanding investor confidence.<\/li>\n\n\n\n<li>Addressing their concerns and providing necessary resources.<\/li>\n\n\n\n<li>Allocating approximately 5,000 hectares of prepared land annually for industrial and economic zones, as authorized by the President.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Empowering Local Authorities<\/strong><\/p>\n\n\n\n<p>AAPI has also emphasized a consultative approach, empowering local authorities to play a central role in attracting investments tailored to their regions&#8217; unique characteristics. Structured pilot projects have already been directed to several provinces, demonstrating this strategic alignment.<\/p>\n\n\n\n<p>The reforms and initiatives set forth by AAPI reflect Algeria&#8217;s commitment to fostering a dynamic investment climate and promoting sustainable economic growth.<\/p>\n\n\n\n<p><strong>Source:<\/strong> <a href=\"http:\/\/dzwatch.dz\">DZWATCH.DZ<\/a><br><strong>Author:<\/strong> Nor-Eleslam<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Date: Tuesday, December 24, 2024Category: Economy Title: Algerian Investment Promotion Agency Launches Second Phase of Reforms Location: Algiers \u2013 The Algerian Investment Promotion Agency (AAPI) has officially initiated the second phase of its reforms, focusing on enhancing the efficiency of the One-Stop Shop system and improving the allocation of investment land. This announcement was made &hellip;<\/p>\n","protected":false},"author":1,"featured_media":10192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":10,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-10191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/10191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10191"}],"version-history":[{"count":1,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/10191\/revisions"}],"predecessor-version":[{"id":10193,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/10191\/revisions\/10193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/10192"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}