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The opening up of the Algerian economy has made rapid progress over the past few years thus enabling its entry into the market economy. The legislation and regulations provide measures to encourage and facilitate the efforts of all investors, without distinction between domestic or foreign capital. In this context, Algeria has provided itself with an investment code modified by the ruling No. 01-03 of 20th August 2001 concerning the development of investments. This ruling offers a series of advantages to investors and has introduced the instruments necessary for a policy of investment promotion such as the National Investment Council chaired by the Head of the Government, the National Investment Development Agency (ANDI), with its central structures and its one-stop units which bring together all the administrative sectors concerned by investment action. The Agency also manages the Investment Support Fund.


Annaba view from St Cloud les plages
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