“Disguised imports”. It is thus that critics have described Algeria’s policy to set up car assembly plants. Since 2012, Algeria has been trying to attract foreign investments by automotive giants in order to reduce its imports bill, but the results so far are disappointing. Indeed, the opening of a car assembly plant by Volkswagen in […]
The government council approved a decree setting up a strategic investment fund worth 45 billion dirhams to spur public-private investments. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact. The same council extended a health emergency decree for an extra month […]
After last year’s attack on the ‘’In Amenas’’ gas plant by Islamist militants, which left 39 foreigners and one Algerian dead during a four-day siege, it has been reported that the gas plant will be fully functional within weeks. The plant used to produce about 11,5% of Algeria’s natural gas output before the attack. The […]
