Algerian Radio
The Prime Minister, Mr. Sifi Ghrieb, oversaw this Sunday in Algiers the installation ceremony of the Board of Directors of the Algerian Investment Promotion Agency.
The installation ceremony of the board, which is composed of the Secretaries-General of the ministries related to investment, took place at the Government Palace in the presence of a number of ministers, officials from various state bodies, and heads of employers' organizations and professional associations.
On this occasion, the Prime Minister emphasized that the installation of this board represents "a step that falls within the continuation of implementing the reforms approved by the President of the Republic, Mr. Abdelmadjid Tebboune, in the field of promoting investment and improving the business environment, in a way that enhances the attractiveness of the national economy and raises its capacity to attract investments that generate wealth and job positions."
Its installation also comes "as a new institutional mechanism aimed at enhancing effectiveness and efficiency in the management of the Algerian Investment Promotion Agency, within the framework of implementing the regulatory provisions stipulated in Executive Decree No. 26-153 dated April 14, 2026, which includes the reorganization of the agency and the strengthening of its powers and working mechanisms," Mr. Sifi Ghrieb added.
