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Washington — Minister of Industry and Mines Abdessalam Bouchouareb said Monday in Washington that Algeria is seeking to benefit from the technological and industrial excellence of US companies.

Speaking at the second Doing Business conference held in the United States from November 30 to December 4, the minister said that in return for the transfer of technology, US companies will find new growth opportunities in Algeria.

"We are the market of the future," he told Algerian and US managers participating in this Conference organized by the Algerian-US Business Council and the Corporate Council on Africa.

Calling for diversifying and deepening the partnership between the two countries, Bouchouareb noted that Algeria ambitions to give a decisive impetus to the industry.

The Minister also explained the main lines of the Government's industrial strategy, based on a import substitution policy and the development of technology-intensive production.

In this regard, Bouchouareb mentioned several sectors which represented true investment opportunities in Algeria, like renewable energies, the digital economy, mechanical industry, steel, public works and mining.

Tag(s) : #Economy

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