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
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced...
Development Partners International sold its 20.17% stake in Atlantic Business International for more than $200 million. The transaction valued...
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
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.