Agri-food investments worth DZD241 bn in 2018

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BOUMERDES- Domestic investments in the agri-food industry approached DZD241 billion in 2018, Minister of Industry and Mines, Djamila Tamazirt announced Monday in Boumerdes.  

Domestic investments in the agri-food industry approached DZD241 billion in 2018, Minister of Industry and Mines, Djamila Tamazirt announced  in her speech after the inauguration of the Technical Center of  agri-food industry and as part of her inspection visit to the National Office for Biological and Mining Research in the city of Boumerdes.

Ms. Tamazirt has announced the creation of 20,000 jobs through these investments.

The Minister of Industry and Mines has, in the same vein, stressed the “great importance” devoted to the agri-food sector in Algeria.

With nearly 23,000 active companies, the sector contributes 50% of the national industrial production. It also has a growth rate of 6% / year which ranks it “2nd national exporter after hydrocarbons”.

In addition to the inauguration of the Technical Center for Agri-Food Industries, the Minister of Industry and Mines took part in the ceremony to celebrate the 45th anniversary of the founding of the National Office of Geological and Mining Research.

 

APS

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