Iron, steel industry: Algeria towards self-sufficiency and export by 2022

0
229

 

The major projects currently under way in the iron and steel industry would allow the country to achieve self-sufficiency in this area and even to export by 2022,” highlighted, on Sunday, in Algiers, Minister of Industry and Mining Youcef Yousfi.

 

“Algeria will achieve self-sufficiency in the iron and steel industry and even export by 2022 due to the major projects currently under way,” said the Minister during a conference-debate at the Forum of El Mujahid.

As long as industrial lands are concerned,  Mr. Yousfi pointed out that most investors prefer to settle in the north of the country “already saturated”, inviting them to move to the High Plateaus and the South.


“With the means of transport and logistics that currently exist in the High Plateaus and the south of the country, I would say that investments can be profitable,” said the Minister, recalling that the state has also decided to create 50 new industrial zones throughout 39 provinces for an overall area of ​​12,000 hectares and a cost of around 300,000 billion dinars.
The Minister said, in this regard, that seven (07) new industrial zones are being implemented, while the completion of the remaining 43 zones have been entrusted to Governors.
APS

WHO IS DZ BREAKING?

 

 

An Algerian news website aims at covering all the country’s territory through providing objective and positive image, focusing the most on breaking news.

A dynamic team is working on feeding the website by credible information in all fields of life; a reliable network composed of specialized elements working in harmony with our team in Algiers, the website’s headquarter, provides us more coverage and simultaneity.

“English” is what makes us different in Algeria and ranks us first too not only as a news website; English also makes it simple and fast for Anglophone world to discover our country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here