Algeria's Ministry of Industry and Ministry of Knowledge Economy, Startups, and Small Enterprises have agreed to establish a joint committee to foster coordination and develop cooperation mechanisms. The committee aims to integrate small and startup enterprises into the industrial and economic fabric, supporting innovative projects linked to the industrial sector. This agreement was reached during a working meeting held on September 21, 2026, in Algiers.
The meeting, chaired by Industry Minister Fريد Korrtl and Knowledge Economy Minister نورالدين واضح, brought together high-ranking officials from both sectors. The discussion focused on supporting and empowering small and startup enterprises, enhancing their integration into the industrial and economic fabric. This integration is expected to help develop their projects and transform them into active enterprises capable of generating added value and meeting national economic needs.
The joint committee will oversee the implementation of cooperation frameworks and enhance coordination between relevant authorities, particularly in supporting small and startup enterprises and innovative projects linked to the industrial sector. This initiative aims to strengthen the connection between industry and knowledge economy, linking innovation and entrepreneurship to industrial development needs.
The agreement also seeks to promote knowledge economy and innovation, encouraging the development of solutions and technologies tailored to the industrial sector. Additionally, it aims to support entrepreneurship in universities, encouraging students and project holders to transform their innovative ideas into viable economic projects.
The joint committee's establishment is part of a broader effort to enhance integration between industry and knowledge economy, supporting national production, creating added value, and generating employment opportunities. By fostering collaboration between the two sectors, Algeria aims to leverage innovation and entrepreneurship to drive economic growth.
The Ministry of Industry stated that this initiative aligns with the country's strategy to promote industrial development and support innovative projects. By working together, the industry and knowledge economy sectors can create a more favorable business environment, encouraging entrepreneurship and innovation.
The joint committee is expected to play a crucial role in promoting cooperation between the industry and knowledge economy sectors, supporting the development of innovative projects and small enterprises. This collaboration is anticipated to have a positive impact on Algeria's economic growth and development.
Key points
- The joint committee aims to integrate small and startup enterprises into the industrial and economic fabric.
- The agreement seeks to promote knowledge economy and innovation, supporting entrepreneurship in universities.
- The initiative aims to support national production, create added value, and generate employment opportunities.
