ALGIERS – Algerian President Abdelmadjid Tebboune confirmed that the implementation of investment projects is proceeding as scheduled until the end of the year, noting that all bureaucratic obstacles previously faced by investors—particularly in the field of real estate—have been removed.
During his periodic meeting with the media, which was broadcast on national television and radio channels on Friday evening, the President of the Republic explained that the economic projects are progressing as planned.
“There are prospects extending to the end of 2025 and 2027, and prospects through the end of the term, so that we remain faithful to what we committed to before the citizens during the election campaign and on other occasions.”
The Algerian President added that “80 to 85 percent of the set goals in the fields of investment and development have been achieved,” highlighting the scale of registered investment projects across various sectors, which have exceeded 13,000 projects nationwide, with a significant portion already implemented.
He emphasized that the goal is to boost domestic production across all economic sectors in order to reduce imports and promote non-hydrocarbon exports.
The Algerian President also commended the patriotism and integrity of Algerian entrepreneurs, underscoring the recent decision to establish a one-stop shop designed to eliminate obstacles in the real estate sector.
