Algeria is expanding in Spain to showcase the numerous opportunities it offers to Spanish investors and entrepreneurs. The Valencia Chamber of Commerce is hosting today the Algeria Trade and Investment Day, a highly anticipated event organised by the business consultancy “ECIJA Advisory” in collaboration with the Algerian Embassy in Spain, the Algerian-Spanish Business Forum (F2AE), Asicomex, and Sabadell Bank.
The organisers of this initiative aim to foster closer ties between Spanish and Algerian promoters through B2B meetings and encourage the Spanish business community to explore a rapidly expanding market. They also intend to promote the emergence of a strengthened economic relationship between the two shores. Around 100 Spanish companies from various sectors, notably industrial and agricultural, are expected at this event, according to the technical sheet obtained by Le Jeune Indépendant.
Algeria today has a solid macroeconomic environment, with a GDP estimated at 250 billion dollars and sustained growth of 4.1% recorded in 2023. Algeria presents itself as an essential gateway for foreign companies wishing to internationalise and conquer new long-term markets.
The profound legal reforms undertaken in recent years demonstrate Algeria’s determination to attract more investors. Investment Law 22-18, which came into force in 2022, strengthens legal security, simplifies administrative procedures, guarantees equal treatment between national and international operators, and offers competitive tax advantages. It also enshrines the freedom to repatriate profits.
The 49/51% rule, which previously required local majority ownership in joint ventures, now applies only to strictly strategic sectors, opening the vast majority of activities to foreign capital and confirming the Algerian government’s commitment to a more open, transparent, and attractive economy.
Among the most promising sectors, Algerian authorities highlight manufacturing industry, renewable energies and green hydrogen, agri-food, logistics and port infrastructure, as well as tourism, culture, and digital technologies. These are sectors where Spanish expertise is recognised and could help accelerate the transformation of Algeria’s economic fabric.
More than 7,000 foreign companies already operate in Algeria. Some Spanish companies are also established there and will come to Valencia to share their experience, demonstrating that bilateral partnership is not only possible but also sustainable and profitable.
This day represents an important milestone in strengthening economic ties between Algeria and Spain.
Several Algerian companies active in agriculture and agri-food participated in the “Fruit Attraction 2025” international trade show, at its 17th edition held from 30 September to 2 October 2025 in Madrid, Spain. This occasion opened opportunities for Algerian products to access international markets.