Interview: Lord Risby How would you rate the overall state of liberalisation and other market reforms in Algeria? LORD RISBY: Today there is generally a broad consensus on the necessity of free-market reforms and the need for the private sector to drive economic growth. The path to a market economy is long and complex. Algeria has already made a number of adjustments. Some of these flowed from the…
Intreview:Karim Djoudi What efforts have been made to promote investments in Algeria? KARIM DJOUDI: A wide range of measures are being conducted to promote investment that have impacted several areas, such as the legislative framework, investment activity, land acquisition, development of economic and logistical activity zones, and tax benefits. The decrease of the tax burden represents a…
Interview:Farouk Chiali To what extent are motorway projects progressing? FAROUK CHIALI: The construction of an efficient road and motorway network that ensures accessibility to the whole nation is the basis of the overall sectoral strategy under the Road and Highway Master Plan ( 2005-25). This document defines priorities through axes of development, namely, the realisation of the East-West…
Interview:Jean-Pierre Raffarin How attractive is Algeria to French industrial firms? JEAN-PIERRE RAFFARIN: France is Algeria’s main economic partner, which proves how close the ties are in trade, investment and technology. Shared interests in employment and wealth creation underline our determination to contribute to the development of Algeria. This is being reflected in the realisation of…
Interview:Touffik Fredj How much potential is there for the development of smart grids, and how can it be encouraged? TOUFFIK FREDJ: GE’s approach to smart grids integrates two key infrastructures: firstly, electrical, focused on renewable sources and enhanced productivity, and secondly, information, empowering customers, reducing greenhouse gas emissions and strengthening energy sector efficiencies.…
Interview:Pierre-Frédéric Roulot What sorts of risks do you think apply as an operator making expansions in Africa? PIERRE-FREDERICROULOT: It is true to say that Africa remains relatively undersupplied in terms of hotel rooms, which has prompted a large influx of new facilities and operators. But despite these opportunities, there are a number of risks affecting operations in Africa,…
Interview:Tarek Rabah What scope do you see for increasing research and development (R&D) activity in emerging markets? TAREK RABAH: R&D investment requires economic stability and the implementation of health care regulations, as well as simple, clear investment processes. In emerging markets, stakeholders need to collaborate to establish and enhance R&D. Many of these markets require…
Interview:Abdelatif Baba Ahmed How does regional cooperation contribute towards the development of human capital? ABDELATIF BABA AHMED: For Algeria, the quality of human resources constitutes a major topic and a strategic factor for reaching sustainable development. Therefore, the development of human capital is essential as growth and socio-economic prosperity are increasingly tied to knowledge,…
Over the past year, Algeria has continued the economic expansion that it has been pursuing since the start of the millennium. Our overall strategy is marked by efforts to reinforce, modernise and diversify our economy and to help strengthen its competitiveness abroad and move away from dependence on hydrocarbons, all the while supporting the role of home-grown companies as primary drivers of…
Algeria’s economy has performed well over the past decade, often in the shadow of global uncertainty. Sensible macroeconomic policies, especially in managing oil and gas revenues cautiously, have helped Algeria navigate the global crisis as well as regional disruptions. Yet the goal of continued stability — and certainly the hope for more broadly shared growth — cannot be assumed or taken…
