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US businessmen collected encouraging data about investment climate in Algeria, mostly as the State is on the point to launch 140 b USD state owned investments. The Chairman of the US-Algeria Business Council and vice president of US Group Halliburton for government affairs, Mr. Don Deline, told a press conference held Tuesday in the International Business Centre in Algiers that the interest of US businessmen to come and invest in Algeria will be displayed through the comeback of 50 US companies intended participating in the International Faire of Algiers. Furthermore, the CEO of the US-Algerian Business Council, Mr. Smail Chikhoune mentioned that discussions with the Government have focussed on investing in construction fields and substructures like ports, airports, railways, as well as other projects to be launched later in the field of hydraulics. Moreover, Mr. Deline said: “it’s time for US companies to invest outside hydrocarbons with the existence of interesting opportunities and required conditions for boosting investment like the restoration of stability, in addition to an appropriate currency exchange rate.” | ||||||||||||||||||
US businessmen to invest outside hydrocarbons in Algeria