Public Management

Algeria: Close to 600 land plots dedicated to industrial use in Touggourt wilaya

Monday, 12 June 2017 15:08

In Touggourt, in the northern part of Algeria, a particular accent is put on industrialization as no less than 559 plots have been dedicated to industrial use in this wilaya, Algérie Presse Service (APS) reports.

“The plots are part from a group of 879 which are to be awarded to investors for projects development in the wilaya. More than 509 investment projects have been recorded since 2011 across the eleven communities of the Touggourt wilaya, to produce construction materials (cement, concrete, ceramics and tiles), agrofood products (milk, dates conditioning), animal feed as well as to make power poles and steel frame. For more than 117 billion Algerian dinar, these projects, which cover 711.03ha, should, once completed, generate about 21,940 jobs,” the Huff Post indicated.

This should spur the government’s strategy which aims at boosting earnings from land exploitation, both agricultural and industrial, and their share in the country’s GDP.

Souha Touré

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Togo adopts a 2026 draft budget of CFA2740.5 billion (around $4.8 billion). Spending rises 14.4%, with nearly half allocated to social...
Togo raises $53M via bonds and bills, surpassing 30B XOF target Auction saw 160.86% bid coverage; OATs issued at 6.25% for three years Total...
Africa’s instant payment systems processed 64 billion transactions worth $1.98 trillion in 2024, according to AfricaNenda. The continent counted...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
04

Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance dig...

Beyond Banks: Nigeria’s National Payment Stack Embraces Fintechs
05

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.