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Encouraging Investment Results in Algeria Since 2022.. Official Reveals

May 11, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Encouraging Investment Results in Algeria Since 2022.. Official Reveals

The President of the Algerian Confederation of Employers-Citizens, Souheil Kessoum, revealed on Monday that Algeria has recorded about 21,000 investment projects with a total value of nearly 70 billion dollars since the new investment law came into effect in 2022, confirming that these indicators reflect a real improvement in the business climate and support economic growth that has exceeded 3 percent, with a target to raise it to more than 5 percent during the next phase. Kessoum explained, during his appearance on the 'Guest of the Morning' program on the first channel of Algerian Radio, that the national economy is witnessing increasing activity driven by reforms related to investment, export, and diversifying income sources away from hydrocarbons. Watch the full content on Echourouk.

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