Despite the availability of cheap energy and a range of local natural resources, non-hydrocarbons industry in Algeria has been slow to develop. However, amid efforts by the government to prioritise the sector as part of its diversification plans, there are signs that it is beginning to take off, supported by incentives for investment and the planned development of 50 new industrial zones. The country has already become a significant manufacturer of products including electronic goods and…
Industry & Mining
From The Report: Algeria 2016
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The largest country in Africa, Algeria remains mainly underexplored as regards non-hydrocarbons mineral deposits, pointing to major potential opportunities in the mining sector. The authorities are keen to develop the industry, not only in order to boost minerals output itself, but also to provide raw materials for a range of emerging industries. The new mining law and the incentives it contains should help to attract additional interest, while new rail connections should ease logistics connections for miners’ output. This chapter contains interviews with Ali Boumediene, CEO, Bomare; and Reda Hechelaf, CEO, SOPI.