Investment & FDI

Foreign direct investment, capital flows, and investment climate

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Algerian-Chinese Talks on the Rehabilitation and Development of the El-Hadjar Complex

Algerian-Chinese Talks on the Rehabilitation and Development of the El-Hadjar Complex

The Minister of Industry, Yahia Bacheir, discussed with a delegation from the Chinese group 'China Baowu Steel Group' the rehabilitation and development of the El-Hadjar complex. This took place in a meeting between the two parties today, Wednesday, in Algiers, attended by several officials from the branches of the Chinese group and its subsidiaries. Representatives from 'China Road and Bridge Corporation' in Algeria were also present, along with the General Director of the National Company for Iron Industry and representatives from the industrial group Cidar and the Algerian Steel.

Aug 12, 2026radioalgerie.dz
Project 'Kafra Southeast 1': Strengthening SONATRACH's Presence in Africa and Internationally

Project 'Kafra Southeast 1': Strengthening SONATRACH's Presence in Africa and Internationally

Ibrahim Hamoudi, the CEO of the National Exploration Company 'ENAFOR', highlighted the strengthening of the 'Kafra Southeast 1' project to establish SONATRACH's presence in Africa and internationally. This came in press statements amid preparations for the launch of drilling works for the massive oil project located 85 kilometers from the Algerian border. Hamoudi emphasized SONATRACH's planning to solidify its African, regional, and international presence as part of an ambitious expansion strategy based on a significant investment plan.

Aug 12, 2026radioalgerie.dz
Expansion of Annaba Phosphate Port and Eastern Mining Line: Algerian-Chinese Agreement to Enhance Coordination

Expansion of Annaba Phosphate Port and Eastern Mining Line: Algerian-Chinese Agreement to Enhance Coordination

Algeria and China agreed this Wednesday evening in the capital to enhance coordination on the projects for the expansion of Annaba Phosphate Port and the Eastern Mining Line. This came during a meeting between the Minister of Public Works and Basic Infrastructure, Abdelkader Djellal, and the Deputy General Director of the China Communications Construction Group (CCCG). The meeting reviewed the progress of the projects for the expansion of Annaba Phosphate Port and the Eastern Mining Line, which are being implemented with the contribution of Chinese companies.

Aug 12, 2026radioalgerie.dz
Aqrab supervises the signing ceremony for the integrated phosphate project contracts

Aqrab supervises the signing ceremony for the integrated phosphate project contracts

On Wednesday, August 12, 2026, the Minister of State, Minister of Hydrocarbons, Mohamed Aqrab, oversaw the signing ceremony for contracts related to the construction of several strategic facilities linked to the integrated phosphate project at the headquarters of the General Directorate of SONATRACH, in the presence of the Minister of Interior, Local Communities and Transport, Mr. Said Sayoud, the Minister of Finance, Abdel Karim Bouzerd, the Minister of Energy and Renewable Energies, Mourad Ajal, the Minister of Public Works and Basic Infrastructure, Abdelkader Jlaoui, the Minister of Water Resources, Lounes Bouzguza, and the Minister of Mines and Mining Industries, Mourad Hanifi.

Aug 12, 2026radioalgerie.dz
Phase One of the Integrated Phosphate Project: SONATRACH and the Algerian Fertilizer Company Sign Contracts with Partners from Italy and China

Phase One of the Integrated Phosphate Project: SONATRACH and the Algerian Fertilizer Company Sign Contracts with Partners from Italy and China

On Wednesday, contracts were signed in Algiers for engineering and construction between SONATRACH and the Algerian Fertilizer Company (AFC) on one side, and the Italian company 'Saipem' and the Chinese port engineering company 'CHEC' on the other, as part of the implementation of Phase One of the Integrated Phosphate Project.

Aug 12, 2026radioalgerie.dz
China Baowu Steel in talks with Algerian authorities: The world's number 1 steelmaker in Algiers

China Baowu Steel in talks with Algerian authorities: The world's number 1 steelmaker in Algiers

The Algerian steel industry is set to experience a new boom. Indeed, following the launch of the steel complex by the Chinese group Jiangdong Steel in the wilaya of M’sila, with an investment of 500 million dollars, whose construction works are progressing rapidly, reaching 60%, another Chinese investor, this time it is the world's number 1 steelmaker, China Baowu Steel, is preparing to establish itself in Algeria.

Aug 12, 2026ecotimesdz.com
Liquidation of fictitious projects and details on the purification of public investment!

Liquidation of fictitious projects and details on the purification of public investment!

Closing the budget of the projects presented before the judiciary, depositing compensation for the contractor in a special account until the issuance of the ruling, and closing operations within the limits of the payments made up to the date of suspension. The Ministry of Finance has put an end to the situation of a number of public investment operations that remained recorded within programs and credits, despite the completion of work on them, or their suspension, or abandonment, by specifying precise procedures for closing or canceling these operations, allowing for the purification of investment programs and regulating the actual financial and material situations of the projects, and preventing the remaining credits and operations from being suspended without justification. The new instruction No. 6 issued on August 5, signed by the Minister of Finance, Abdel Karim Bouzerd, ...

Aug 11, 2026echoroukonline.com
Features of an Anticipated Strategic Chinese Project in Algeria

Features of an Anticipated Strategic Chinese Project in Algeria

Algeria is discussing with the Chinese steel group (China Baowu Group) opportunities for establishing an industrial and investment partnership to implement a comprehensive project for the production of low-carbon direct reduced iron and green steel in Algeria. According to a statement from the Ministry of Energy, the Minister of State, Mohamed Arkab, received on Tuesday a delegation from the Chinese group 'Baowu', one of the largest steel producers in the world, at his ministry's headquarters, in the presence of the CEO of SONATRACH, Nourredine Daoudi, and officials from the ministry and SONATRACH, along with representatives of the national iron company. During the meeting, both parties reviewed cooperation opportunities in several areas, particularly in developing low-carbon emission iron and steel industries, and adopting the latest...

Aug 11, 2026echoroukonline.com
Mr. Arqab discusses with a delegation from a Chinese steel group opportunities for establishing industrial and investment partnerships in Algeria

Mr. Arqab discusses with a delegation from a Chinese steel group opportunities for establishing industrial and investment partnerships in Algeria

Algeria - The Minister of State, Minister of Energy, Mohamed Arqab received today, Tuesday, in Algiers a delegation from the Chinese steel group 'Baowu' (China Baowu Group), one of the largest steel producers in the world, where opportunities for establishing industrial and investment partnerships between national institutions and the Chinese group were discussed, particularly in projects related to the development of low-carbon iron and steel industry, according to a statement from the ministry.

Aug 11, 2026aps.dz