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Update: Saturday, 15 May 2010    

90% of investment demands are SMEs ones 90% of investment demands are SMEs ones


Saturday Sep 30 2006.

90% of Algeria investment overall demands are Small and Medium size Enterprises businessmen ones, an Investment Development National Agency’s well acquainted source stated.




All investment realization projects focus on northern industrial zones located projects despite government’s advantages and privileges in southern and inner zones, the source further told El Khabar.

The new projects are to benefit from income tax and corporation tax cuts likely to create or preserve jobs, by virtue of 2007 finance law, as the source further mentioned.

In this regard, Algeria- EU association agreement that came into force since 13 months, considered as a challenge and a stake being imposed by globalization, compels Small ad Medium size Enterprises to better their competitiveness, the same source made clear. Note recalling, among 2255 investment projects, there are 2171 national projects, 84 foreign ones among which 49 direct ones, and 35 project within the association agreement framework.

Djalel Bouati

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