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:: Economy and Trade ::
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Entering
the 21st century with confidence and serenity
Under
the leadership of President Abdelaziz Bouteflika, Algeria
is now embarked upon a vast scheme of national renewal.
It is consolidating and deepening its democracy and relaunching
its economy.
The
country undertook structural and institutional reforms
aimed at laying the foundation of a new economic system.
Indeed, the legal framework have been reviewed and adapted
in order to liberalize the economy and promote free enterprise.
These reforms were strengthened by further measures aimed
at accelerating the structuring and privatization process
of state companies, at modernizing the banking system
and motivating private investments.
Thus,
tremendous efforts have been made to improve the economy
and outstanding results have been achieved. Indeed, the
economy is now growing, there is a balanced budget, foreign
currency reserves are being replenished, the inflation
rate is kept at low level and external debt has been reduced.
Indeed, Algeria posted in 2003 a strong economic growth
of 6,4% and inflation has been contained to 1,4%. The
external debt has been reduced from 32 billion $US in
1996 to 20 billion $US in 2003 while the foreign reserves
stand now at 31,4 billion $US compared to 4,2 billion
$US in 1996.
This positive performance, which clearly indicates that
Algeria is on the right path, need now to be sustained
by further efforts aimed at maintaining a sustainable
level of economic growth and creating employment. To this
end and to build on these positive achievements, the government
has put in place an ambitious plan designed to boost further
the economy.
Algeria
is indeed determined to ensure its successful integration
in the global economy and to take advantage of the opportunities
offered by globalization. To this end, it is firmly resolved
to adapt its economy to the new realities of the world.
It has already liberalized the general framework of its
economy and is offering foreign investors all the facilities
to develop their activities.
Second
largest economy in Africa, with a unique industrial and
basic infrastructure in the region and a proven competitiveness
of its manpower, Algeria represent today a potential and
promising market. With its ideal geographic location and
its huge potential out of its natural resources, the country
offers indeed new attractive perspective for foreign investors.
The
recent surge of foreign delegations in Algeria shows clearly
that foreign partners and international financial institutions
are a new manifesting a great deal of interest for the
Algerian market and the business opportunities it offers.
Doing
Business in Algeria
Firms and companies interested in doing
business in Algeria or seeking information should contact:
PROMEX: The Algerian Board
for the Promotion of External Trade at:
| Phone: |
(213 21) 52 20 82 |
| Fax
numbers: |
(213 21) 52 11 26
(213 21) 52 12 10
(213 21) 52 15 71
(213 21) 52 28 03 |
| E-mail: |
promex@ist.cerist.dz |
CACI: The Algerian Chamber
of Commerce and Industry:
Palais consulaire 06, Boulevard Amilcar Cabral 16003 Alger
BP 100 Algeria.
| Phone
numbers: |
(213 21) 96 77 77
(213 21) 96 66 66
(213 21) 96 50 50 |
| Fax: |
(213 21 ) 96 70 70 |
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:: MAJOR ALGERIAN PRODUCTS
AVAILABLE FOR EXPORT ::
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Fruit juice :
- Citrus fruit juice: orange, tangerine,
pineapple juice
- Apricot nectar
- Apricot pulp: fresh fruit, with pits
removed, strained and pasteurized
Preserved food :
- Jams: oranges, apples, pears, prunes,
peaches, apricots
- Fresh fruit with pits removed, strained
and with 62% sugar added
- dried apricot pits
- preserved small pears
- harissa
Fruit and vegetables:
- citrus fruit: a variety of oranges,
pineapples and tangerines (October to April)
- summer fruits: apricots, prunes, peaches,
meddlers, grapes
- dates: small twigs, frezza, black dates,
dried dates (November to March)
- potatoes: white skin, yellow skin,
early produce and late season
- vegetables: zucchini, tomatoes, cucumbers,
bell peppers, peppers, fennel, truffles
Grains and almonds:
- Capers: stems in boxes, capers in brine
- sour almonds
- carob grains
Meat and fish:
- Escargots: live or frozen in boxes
- eels: live or frozen
Products of plant origin:
- Perfume plants: jasmine and orange,
essence of neroli (orange tree)
- heather
- natural cork or agglomerated cork
Textiles:
- voile polyester filament
- polyamide fabric for aprons
- wool cloth
- sewing thread
- cloth for shoes
- blue-jeans fabric
- mixed fabric
- gabardine
- fabric for ties
- silk for clothes
- silk for furniture
- fabric for blinds
- velvet for clothes
- velvet for furniture
- twine cords
- undergarments (hosiery)
- blue jeans pants
- shirts
- blouses
- camping tents
- camping cots
- cotton scraps
Handicrafts :
- Thick pile wool carpets
- short pile pure wool weavings
- covers: short pile wool weavings and
camel skin
- leathers and skins
- wet blue sheep: sheepskin, nap, chrome-tanned,
natural or dyed
- leather vests
- leather bags (sheepskin)
- attaché cases
- shoes
- Adidas sports shoes
- synthetic leather: woven fabric or
non-woven fabric, coating of compact or expanded PVC
with polyurethane
- synderme: leather plates regenerated
with a latex mixture
- bovine vegetables: tanned cow leather
Farming equipment:
- Tractors
- motors stations
- carts
- mowers
- tedders
- compressed collectors
- grain mills
- horizontal motor pumps
- hot water circulators
- industrial faucets
Metallic products:
- Ingots to produce seamless pipes
- hot laminated reels
- cold laminated reels
- galvanized reels
- roughcast on rollers for sheet steel
and sheet iron
- thread machine for non-alloyed steel
- cold laminated sheet metal, corrugated
iron, galvanized, ribbed, galvanized plates
- pipes welded in spirals
- galvanized tread
- mercury
- hematite casting for smelting
- zinc ingots
- zinc alloys
- electropolitique cadmium
Railway equipment:
- Wagons for rail transportation
- cargo wagons
- plain wagons
- garbage wagons
- covered wagons
- tanks wagons
- feeding wagons
- spare parts, brake pads, rail casting,
other replacement pieces
Rolling stock:
- 100 V8 bus
- 100 V8 bus
- C260 4X2 wagons (under frame, cab)
- C260 6X2 wagons (under frame, cab)
- flatcar trailer
- tipper trailer
- oil trailer
- garden flatcar trailer
- tank transporter 45X60 tons
- flatcar trailer 10 tons
- tipper trailer 10 to 12 tons
- equipment carrier 73 tons
- equipment carrier 32 tons
- tipper equipment 15 to 17 tons
Absorbent cotton and
bandages:
- Cotton to remove makeup
- absorbent cotton
- tampons
- dental tampons
- absorbent gauze strips
- sterilized compresses
- individual bandages
- silk paper, sanitary paper
- handkerchiefs, crepe napkins
Pharmaceutical products:
- Disposable syringes
- pharmaceutical products and various
medicine, catheters, perfusion equipment, capillary
dialysis, arterial dialysis lines, fistula needles,
dialysis generators, various dialysis line
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