Algeria Industry

Chapter | Industry & Mining from The Report: Algeria 2018

The industrial sector is seen as having potential to drive economic diversification and reduce the import bill. In addition to heavy industrial subsectors such as steel and cement, pharmaceuticals, agri-business and automotive manufacturing hold promise in becoming key exporters. For the sector as a whole, and particularly for small businesses, investment in logistics and transport capacities...

Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.

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How can innovation help to boost high-potential manufacturing segments?

 

The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...

 

The 2014 slowdown in oil prices revealed the vulnerability of Algeria’s economy, heavily reliant on hydrocarbons, and highlighted the need for a paradigm shift. The government sees the industrial sector as having the potential to drive diversification and reduce the import bill. In addition to heavy industrial subsectors, such as steel (see...

 

There are a large number of capacity-building projects under way in Algerian steel, which has become a thriving subsegment within the country’s industrial landscape. Forecasts indicate output will increase by 7m tonnes to 12m tonnes per annum (tpa) by the end of 2020. A milestone was reached in 2017 with the start of operations at the Algerian...

 

In addition to its hydrocarbons wealth, Algeria is rich in a variety of minerals, such as phosphate, gold, iron, zinc, lead and others. These ores are still largely untapped but the diversification drive deployed by the government to reduce the country’s reliance on oil and gas and direct it towards more sustainable growth could lead to...

 

Pharmaceuticals is one of Algeria’s most dynamic manufacturing industries. The state-owned SAIDAL group is the main producer, and there were approximately 80 other local and foreign manufacturers operating in the segment in 2018.

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