Algeria: more than 1,000ha of lands to be used for industrial purpose in Constantine
(Ecofin Agency) - 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.