Algerian Radio
The Board of Directors of the Algerian Investment Promotion Agency (AAPI) approved on Tuesday, during its first meeting following its official installation, the decision to offer 216 land plots for investment projects via the Digital Investor Platform.
In a press statement following this first meeting of the Board of Directors in its new composition—chaired by Abderrezak Azzab, representative of the Prime Minister—the Agency’s General Manager, Omar Rekkache, stated that the meeting culminated in the approval of the decision to offer 216 land plots belonging to the private domain of the State. He emphasized that the call for applications to grant these lands to economic operators will be launched soon via the Digital Investor Platform.
These land plots are distributed across several wilayas, including Algiers, Ouargla, Bordj Bou Arreridj, Bouira, Relizane, and Oran, according to the General Manager. He also affirmed that the Agency is preparing further offers to be submitted for approval during the monthly board meetings, noting that "the Agency’s land portfolio currently exceeds 3,000 hectares."
In the same context, Mr. Rekkache highlighted the pivotal role of the Board of Directors in removing constraints, simplifying procedures, and facilitating land access for investors. This effort aims to accelerate the pace of project implementation across the various wilayas of the country, while prioritizing wealth-creating activities, those generating high added value, ensuring balanced territorial development, and contributing to import substitution.
On this occasion, he praised the decision of the President of the Republic, Mr. Abdelmadjid Tebboune, to establish a Board of Directors comprising the various stakeholders involved in the investment process. This aims to ensure "collective and binding" decisions, thereby enhancing the Agency’s efficiency in fulfilling its missions.
For his part, the Chairman of the Board and representative of the Prime Minister stated in his opening remarks that the Agency’s new organization aims to ensure better coherence between sectoral policies, strengthen consultation and coordination, and favor decision-making that accelerates and simplifies procedures. This approach seeks to lift obstacles and eliminate all forms of bureaucracy that could hinder investment, while providing immediate support to investors.
He also emphasized the significant role of the Board—composed of the Secretaries General of fifteen (15) ministerial departments—in achieving the Agency's objectives, particularly regarding the moralization of the investment climate through the "immediate, effective, and efficient" implementation of the decided reforms.
The new composition of the Agency’s Board of Directors, chaired by the Prime Minister's representative, includes the Secretaries General of the ministries of Foreign Affairs; Hydrocarbons; Mines; Local Authorities; Finance; Industry; Agriculture; Energy; Housing and Urban Planning; Foreign Trade; Internal Trade; Hydraulics; Tourism; Environment; and Employment.
