80 preliminary partnership agreements have been signed in the fields of investment and export during the eighth edition of the International Investment Fair for Industry, Construction, Energy, Logistics and Export – Algeria Invest Expo – which closed its doors on Sunday in Oran.
The fair’s commissioner, Ahmed Haniche, explained that these agreements were concluded between Algerian operators, public and private institutions, and their foreign counterparts, covering several sectors, including the export of various products to African countries such as construction materials, electrical and household appliances, and services.
In addition, two direct export agreements were signed for construction materials, wood and its derivatives destined for Tunisia and Mauritania, as well as investment agreements aimed at establishing factories and production units in several industrial sectors, particularly construction materials and household appliances, in a number of African countries including Guinea, Zimbabwe and Namibia.
Organized over four days on the initiative of the communications agency Sunflower and under the auspices of the Ministry of Industry, the event brought together businesspeople from Guinea, Senegal, Mauritania and Pakistan active in importation, with the objective of establishing commercial partnerships with Algerian institutions and opening new horizons for the export of Algerian products.
The fair was also marked by the visit of around thirty trade‑relations officials from roughly thirty embassies accredited in Algeria, representing countries in Africa, Asia and Europe, all seeking to learn about direct‑investment opportunities and to promote the export of national products.
More than 15,000 visitors from across the country attended, alongside businesspeople and diplomatic mission representatives, while the event also drew strong interest from students and project holders hoping to launch micro‑enterprises in various sectors.
Five public and private institutions were honored through a competition rewarding the best projects with a positive impact in the fields of the economy, the environment, sustainable development, innovation and export.
This edition featured 153 Algerian and foreign exhibitors, including about 130 national companies accounting for more than 80% of participants, as well as foreign firms and branches of international companies operating in Algeria, such as those from China, Italy, Turkey and India. The fair also included seminars and discussions on topics such as renewable energies, industrial development, logistics and support for exporters.