Algerian Minister of Industry Farid Kourtel announced on Tuesday that his ministry, in collaboration with local authorities, has completed an assessment of 729 industrial zones across the country. This initiative is part of a comprehensive survey of industrial land, which was finalized in late September as per directives from President Abdelmadjid Tebboune. The survey aimed to evaluate the current state of industrial zones and identify areas for improvement.
The survey included 610 activity zones, 66 old industrial zones, and 50 new industrial zones, as well as three additional infrastructure projects. This thorough examination will enable the government to optimize the use of industrial land and direct it towards productive investment projects that can boost economic growth and development. The assessment was presented during a hearing session at the National People's Assembly, where the minister outlined the government's strategy for enhancing industrial zone management.
The hearing session, chaired by Abdenour Bousbia, president of the Economic Affairs Committee, was attended by Minister of Relations with the Parliament Nadjiba Djilali. Discussions focused on the ministry's strategy to improve the exploitation of industrial zones and activity areas, as well as mechanisms for controlling industrial land use. The government's goal is to ensure optimal use of industrial land and align it with national development objectives.
President Tebboune has emphasized the importance of effective management and utilization of industrial land. In line with this, Prime Minister Sifi Ghrieb instructed the immediate launch of an economic land survey in September. The prime minister stressed the need for a precise assessment of investment project progress across the country, highlighting the importance of accurate data in facilitating informed decision-making.
The comprehensive survey of industrial land is a key component of the government's efforts to enhance investment and economic growth. By identifying areas of improvement and optimizing industrial land use, the government aims to create a more favorable business environment and attract investment. The survey's findings will inform policy decisions and guide future investments in industrial zones.
The Algerian government has taken steps to ensure the effective implementation of the survey's recommendations. The minister of industry has assured that the government will work closely with local authorities and stakeholders to address challenges and obstacles facing investors. This collaborative approach is expected to yield positive results and contribute to the country's economic development.
The assessment of industrial zones is part of a broader effort to boost economic growth and development in Algeria. The government remains committed to creating a conducive business environment and attracting investment to drive economic progress. Key initiatives, such as the survey of industrial zones, demonstrate the government's proactive approach to addressing economic challenges and promoting sustainable growth.
Key points
- Algerian government completes nationwide survey of 729 industrial zones to optimize land use and boost investment.
