The Algerian President, Abdelmadjid Tebboune, said that Algeria has recently made major achievements in a very short period, noting that several projects will soon begin production, such as the Gara Djebilet project for iron production and Bled El Hadba for phosphate production.
During his meeting with civil society representatives at the end of his visit to Constantine province last Thursday, President Tebboune said in remarks aired by Algerian television Sunday evening in a special feature on the visit, that “Algeria has recently made major achievements in a very short period.” He added that despite the “battles and rumors” that marked the early years of his first presidential term, those responsible for such schemes failed to hinder the progress of the new Algeria. The President of the Republic noted that “major achievements have been recorded across various sectors in a very short period.” “Algeria will embark on a truly new beginning next year, one that will firmly set the country on solid ground,” President Tebboune underscored.
In this regard, the Algerian President stressed that the economic situation is well managed and that all indicators are positive. President Tebboune noted that Algeria has avoided resorting to external borrowing despite the drop in international oil prices, saying the state “had taken precautions for such circumstances.” He also announced that he will visit Bechar province “in about a month to chair a historic ceremony marking the arrival of iron extracted from the Gara Djebilet mine to Bechar province via the Tindouf-Bechar mining railway line for the first time since independence.
President Tebboune added that the new railway line, which stretches about one thousand kilometers, was completed in just a year and a half, noting that another rail line will transport phosphate to Annaba. He said that all these completed projects will boost phosphate production from “2.5 million tons per year to 10.5 million tons per year.” In this regard, the President of the Republic stressed that “fertilizer and mineral production” has become the world’s new strategic weapon, reaffirming the State’s commitment to boosting these two vital sectors.
The State is also working to raise the percentage of integration of the national industry in the mechanical industry, aiming to produce “an Algerian car with 40 percent domestic components,” the President of the Republic stressed.
After emphasizing the importance of establishing new industrial zones in Constantine equipped with all necessary conditions to attract investment, which “requires guarantees of protection and incentives,” the President reaffirmed that investment projects in Algeria continue to grow, with “over 17,000 investment projects registered with the Algerian Investment Promotion Agency.”
He said that his commitment to empowering young talent, by making it easier to launch startups, aims to provide opportunities for skilled youth and invest in their potential, describing them as “the country’s true wealth.” He underlined that all of the Republic’s laws have been revised to “make it easier for young people to reach decision-making positions, encourage their political participation, and embody their innovative ideas, because the country is built on knowledge and its future lies in their hands.” In this regard, he emphasized the importance of steering youth energies towards advancing science and artificial intelligence, pointing out that Algeria became the first Arab and African country to establish a university dedicated to artificial intelligence.
He also pointed out that Algeria is the only country in Africa and the Arab world to provide unemployment benefits, stressing the importance of maintaining the state’s social welfare commitment.
Responding to questions from attendees at the meeting, the President confirmed the State’s willingness to finance any artistic or cultural events organized by Constantine’s cultural community, including the organization of a film festival.
On this note, he expressed his strong conviction in the vital role that culture plays, together with education, in shaping future generations.
Concerning tourism development in the province, the President said that “the state’s role is to regulate the sector and implement incentives to attract investors,” urging private enterprises to leverage the province’s considerable assets to execute tourism projects worthy of its rich history.
