(Ecofin Agency) - Industrial land in Algeria is largely underused, according to a study carried out by the country’s ministries of Interior and Industry.
“The report shows that there are 11,600 hectares of land reserves which are destined to investment that are being underused. These include 5,530ha of non-attributed plots, of which 2,773ha in industrial areas and 2,757ha in business areas. The same study also revealed that 15,140 plots were set aside for investment, attributed but not used, covering an area of 6,132ha of which 3,183ha of industrial zones and 2,949ha of business zones”, Algérie Presse Service reports.
In sight of this, Algeria’s Prime Minister, Abdelmadjid Tebboune, announced on July 12th he would address the issue by establishing an inter-ministerial committee regrouping the three concerned ministries. “This entity will be tasked with producing a detailed report on the feasibility of industrial zones projects proposed by the industry and mining ministries. It will also draw drafts required for the efficient use and management of available land”, indicates the government’s statement relayed by the media.
Souha Touré