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
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
State buys back 95 % of ENEO from Actis for CFA78 billion ($137 million) Government plans to refinance ENEO’s CFA800 billion debt and tighten...
IFC to provide a $120 million guarantee for SME loans in six African countries Two dedicated funds will support agriculture and small business...
Reserves reach $46.7 billion, covering 10.3 months of imports Naira sees a brief appreciation despite long-term depreciation Rating upgrades and...
Most Read
01

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
02

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
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
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.