Public Management

Algeria: more than 1,000ha of lands to be used for industrial purpose in Constantine

Thursday, 20 April 2017 18:58

While visiting the Constantine wilaya in the North-Eastern part of Algeria, the minister of industry and mines, Abdeslem Bouchouareb, announced that 1,100 hectares of land had been secured for industrial use in the area. A move which aims to attract local and foreign investments in the country.

“With the 1,100 hectares secured for industrial purpose, in the framework of project related to the establishment of four new industrial zones, two of which will be operational this month and the remaining two by September, the issue of industrial land deficit will not hold anymore in this wilaya. This is a major milestone which must be well taken advantage of through a proper exploitation and management to consolidate Constantine’s position as economic and industrial hub across the nation,” the Prime Minister told Algerie Presse Service.

This comes in order to develop an environment that will promote investments and give value to Algerian lands. Let’s recall that the minister of agriculture, rural development and fishery, Abdesselam Chelghoum announced on April 13 that 350,000 hectares of arable lands have been awarded investors over a period of two years.

Souha Touré

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Coris buys Portugal state’s 59.81% stake in Banco Comercial do Atlântico Deal approved by Portugal and Cape Verde regulators Transaction...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross-border financing rose to CFA405.6 billion Credit...
Sahel Capital secures $29 million first close for agribusiness fund SCAF II targets West African agribusiness value chains Fund makes first...
Most Read
01

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
02

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
03

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.