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Algeria Press Service

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23/04/2017 10:52

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You are here:HOME»ECONOMY»French investments in Algeria remain low despite new opportunities
Thursday, 20 April 2017 18:19

French investments in Algeria remain low despite new opportunities

 PARIS- The investments by the French economic operators in Algeria remain low despite the new opportunities offered by the new investment law, said Thursday in Paris Survey Director of the National Agency of Investment Development (ANDI), Salim Branki.

From 2002 top present, there were 165 French non-hydrocarbon projects in Algeria of a budget of DZD 342 billion (€340 million), said Branki during a meeting in Paris on "the reform of the Algerian investment law and its challenges."

The meeting has been organized by the world-renowned French lawyer office LPA-CGR on the occasion of the 10th anniversary of the opening of the office in Algiers.

The ANDI official, willing to explain to the French economic operators and to the Algerian operators activating in France, the incentives provided in the investment law, said that out of all the French investment projects, 126 ones have been achieved and created 12,890 jobs in Algeria.

This volume is poor, despite the government willingness to open the market.

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