Foreign direct investment, capital flows, and investment climate
Economy DZD aliqtissad dz Algeria Economy Economic News
iqtissadalbalad.dz
The preliminary processing in Béchar and industrial transformation in Naama, with shipping in Betioua, the first phase until 2032 aims to raise extraction capacity to 20 million tons. The Ghar Djebilet project targets an extraction capacity of 50 million tons annually of iron ore by 2040, as part of a plan executed in two phases extending from 2025 to 2040. The project is not limited to exploiting the ore but also involves transforming about 25 million tons annually into value-added iron products including iron concentrate, pellets, bars, sheets, and molds, through a national value chain distributed between Tindouf, Béchar, Naama, and Oran, with transport, storage, and shipping capacities nearing 25 million tons annually. Ghar Djebilet is seen as a strategic lever for diversification...
echoroukonline.com
The global automotive group Stellantis confirmed that Algeria is a real and added opportunity for Italian manufacturers and suppliers to establish industrial partnerships in the field of vehicles and spare parts, emphasizing that its investments and industrial projects in Algeria are not at all part of transferring or relocating Italian factories outside the country, but are based on the principle of production aimed at the Algerian market and creating local added value. A spokesperson for the Stellantis group clarified on February 2 that the meeting held in Turin on Monday, as reported by numerous Italian media outlets, brought together Stellantis' branch in Algeria with about one hundred Italian companies active in the field of subcontracting and automotive components manufacturing, with no relation...
echoroukonline.com
International media has widely highlighted the strategic and economic importance of the Gara Djebilet-Tindouf-Béchar railway project, which was launched by the President of the Republic, Mr. Abdelmadjid Tebboune, considering this historic event a 'key turning point' in Algeria's strategy to diversify its economy.
echaab.dz
DZD economy aliqtissad dz Algeria economy news
iqtissadalbalad.dz
The entry of the iron mine in Gara Djebilet (Tindouf) and the western mining railway line Gara Djebilet – Tindouf – Béchar into operation is a pillar for a renaissance that the new and victorious Algeria relies on to shape a promising and ambitious future, according to the documentary film titled 'Awakening the Giant', produced by Algerian television under the supervision of the General Directorate of Communication of the Presidency of the Republic. This documentary highlighted...
echaab.dz
Algeria - The entry into operation of the Gara Djebilet iron mine (Tindouf) and the western mining railway line Gara Djebilet - Tindouf - Béchar is a cornerstone for the revival that the new and victorious Algeria relies on to shape a promising and ambitious future, according to the documentary film titled 'Awakening of the Giant', produced by Algerian television under the supervision of the General Directorate of Communication of the Presidency.
aps.dz
DZD economy aliqtissad dz Algeria economy news
iqtissadalbalad.dz
Béchar - The Minister of Public Works and Basic Infrastructure, Abdelkader Djellali, confirmed today, Sunday, in Béchar that the construction of the Western Mining Railway Line Gara Djebilet - Tindouf - Béchar will open new investment opportunities and break the isolation of the region, thanks to the commitment of the President of the Republic, Mr. Abdelmadjid Tebboune, and his courageous decisions.
aps.dz
It is set to be completed in December 2028.
elkhabar.com
During a speech he delivered on the occasion of overseeing the arrival and unloading of the first shipment at the 'Tosyali' steel complex in Oran.
elkhabar.com
The expert in geopolitical issues, Professor Idris Atia, stated that the inauguration of the mining railway line extending over a distance of 950 km, and the commencement of the Gara Djebilet project, confirm a real strategic shift in the philosophy of development in Algeria, reflecting the state's commitment to achieving comprehensive economic development, thereby establishing an integrated sovereign system.
radioalgerie.dz