Algeria: National council of investments approves 2 desalination stations projects

According to a press release by ANDI, the national council of investments has approved 10 investment projects in Algeria, during the 34th session that has been chaired by the Prime Minister, Mr. Abdelaziz Belkhadem. The projects have been approved following the conventions concluded between the national agency for investments promotion, and some foreign multinational companies.

According to a statement issued by the Government, a convention has been sealed between the national agency for investments promotion, and Trust Investment, for a tourist complex construction at Bab Ezzouar, near Algiers, while another convention has been concluded with Ardis, in view of creating a distribution chain.

In this regard, the national council for investments has approved 2 desalination stations projects in Tlemcen western province, both projects have been scheduled in the framework of a convention linking the national agency of investments promotion, and the Spain-Algerian water company.

Moreover, the council has approved some draft conventions to be stricken between the agency and the Turkish company, Tosyali, for the realisation of a steel plant, and another one in Oran western province, while a company in charge of planning, constructing, and managing trade centres and meeting places, will be opened in Algiers.

A steel plant is to be constructed in Jijel eastern province, and wholesale fruits and vegetables market in Boumerdés central province. An ammonia and urea production plant is scheduled to be realized in Oran western province too. Also, industrial vehicles body structure complex will be built in Tiaret.