The Algerian government is promoting a new industrial project in Bordj Bou Arreridj province, which involves the creation of a specialized industrial pole for producing school supplies. This initiative is part of the country's efforts to boost local production and reduce dependence on imported goods. The pole, located in the "Belaid Abdessalam" industrial zone in Ras El Oued, will cover an area of three hectares and will be developed as part of projects supported by the Algerian Agency for the Promotion of Investments (AAPI).
Five investment projects are currently underway in the industrial pole, focusing on the production of various school supplies, including ardoises, feutres for blackboards, paper, modeling paste, notebook covers, and school bags. These projects are expected to create over 500 direct jobs once the units are operational. According to Yacine Abidat, director of the decentralized one-stop shop in Bordj Bou Arreridj province, the projects cover several activities aimed at meeting the demands of students and educational institutions.
The investors have obtained the necessary economic land through the investor's digital platform and benefit from fiscal and parafiscal measures provided by the investment legislation. The administrative procedures required for the projects have also made significant progress, with investors obtaining concession contracts, company creation decisions, and construction permits. The one-stop shop continues to support project leaders in obtaining the necessary formalities and authorizations.
The new industrial pole is expected to enhance the availability of locally produced school supplies, which are in demand throughout the year, not just during the back-to-school season. The development of this activity could also encourage the emergence of other companies operating in related sectors, such as subcontracting, supply, packaging, logistics, and distribution. The clustering of units within the same pole will facilitate exchanges between producers and promote the development of local supply chains.
The proximity of companies within the industrial pole is expected to enable better complementarity between different production stages. At the province level, these investments aim to diversify industrial activities, create jobs, and generate added value. They also contribute to the valorization of economic land intended for productive projects and the development of the local industrial fabric.
The AAPI is supporting the projects, which aligns with the Algerian government's efforts to promote investment and economic growth. The creation of the industrial pole is a significant step towards achieving self-sufficiency in school supplies and reducing reliance on imports. The projects will also have a positive impact on the local economy, creating jobs and stimulating economic activity.
The implementation of the industrial pole is progressing well, with the necessary infrastructure and facilities being put in place. The project leaders are committed to completing the projects within the scheduled timeframe, and the local authorities are providing support to ensure the success of the initiative. The new industrial pole is expected to become a major player in the production of school supplies in Algeria, contributing to the country's economic development and growth.
Key points
- The new industrial pole in Bordj Bou Arreridj province will produce a range of school supplies, including ardoises, feutres, paper, and school bags.
- The project is expected to create over 500 direct jobs and stimulate economic activity in the region.
- The industrial pole will help reduce Algeria's reliance on imported school supplies and promote local production.