Field monitoring of investment projects is being conducted by the Algerian Investment Promotion Agency (AAPI), which inquired into the implementation and production start-up of specific ventures within Boumerdes province, including an aluminum can manufacturing unit and an infant milk production facility. Two projects capable of reducing the import bill and generating numerous jobs.
To reinforce project tracking and accelerate implementation, AAPI Director General Omar Rekkache conducted a visit Tuesday to the El-Arbatache industrial zone in Boumerdes, dedicated to assessing execution progress across several projects and delivering concession contracts for economic land intended for investment.
According to the AAPI Director General, this approach marks an evolution in investment oversight, moving from handling files on documentary and procedural levels to a presence more focused on field reality, aiming to strengthen engagement with investors and economic operators viewed as economic development partners.
The AAPI DG, accompanied by the CCER President, emphasized that investment performance is not limited to the number of registered projects or declared amounts. It is evaluated primarily by their capacity to transform into operational production units, creating wealth, generating employment, and meeting domestic market demands.
In his view, the El-Arbatache visit allowed for assessing the transition of projects from registration phase to realization and entry into production. It also serves as a tool to evaluate the impacts of economic reforms undertaken to improve the investment climate and facilitate access to economic land designated for productive ventures.
Projects to Substitute Imports
The sample of visited projects illustrates the diversity of targeted activities, featuring investments in food processing, transformation industries, paramedical products, industrial equipment, and renewable energy, among others.
Among the presented ventures is an aluminum can manufacturing unit designed for non-alcoholic beverages. The project, relying on American technology, is expected to achieve a production capacity of approximately 800 million cans annually while creating around 250 direct jobs.
This venture aligns with the objective of encouraging investments capable of contributing to import substitution and bolstering national production. According to data presented by AAPI, aluminum beverage can imports represent roughly 120 million dollars per year.
The entry into operation of the production line is scheduled for the end of the first quarter of 2027. The project should then cover approximately 40% of local market needs, thereby contributing to reducing imports within this segment.
Another investment highlighted during the visit is a milk production project intended for children and infants, featuring a capacity of 5,000 tons annually. This unit is expected to help strengthen national market supply and generate over 100 direct jobs.
Alongside monitoring ongoing projects, AAPI continues directing economic land toward productive investments. The Agency granted 21 concession contracts covering several sectors, including six awarded Tuesday.
These ventures, notably in food processing, paramedical goods, sensitive equipment, and solar panels, represent nearly 33 billion dinars and are expected to generate over 3,600 direct jobs.
According to AAPI, these investments will contribute toward diversifying national production, expanding local supply, and reducing reliance on imports. The Agency intends to pursue its support in order to remove obstacles and accelerate project completion.