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2027.. Year of Mining Launch

June 3, 2026إقتصاد - الشعبechaab.dzTranslated from Arabic
2027.. Year of Mining Launch

In 2027, Algeria will enter a new and important phase with several major economic projects, especially those launched by the state in recent years in the mining, energy, transport, and industry sectors. Among the most notable of these projects is the integrated phosphate project, which will enter production during the first quarter of 2027, coinciding with the completion of the expansion project of the port of Annaba and its readiness to export the first phosphate shipments during the same period.

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Algeria has become the top supplier of naphtha to South Korea during the first half of 2026, with a share of 17.2% of the country's total imports of this material, surpassing the United Arab Emirates, the United States, India, and Oman, according to data from the Korea International Trade Association (KITA) reported by the Embassy of the Republic of Korea in Algeria. KITA's figures showed that Algeria's share of South Korea's naphtha imports reached 17.2% during the first six months of the year, compared to 14.5% for the United Arab Emirates, 13.0% for the United States, 9.7% for India, and 9.3% for Oman. View the full content on Echourouk Online.

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