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November 27, 2024 | 1 month ago
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Algeria attends the WAIPA Investment Promotion Congress
The World Association of Investment Promotion Agencies (WAIPA) Congress brought together prominent figures from the public and private sectors, international investors, and global organizations to discuss strategies for investment development and diversification.
Algeria's key commitments
· Bilateral meetings: Omar Rekkache, Director General of the Algerian Investment Promotion Agency, met with global counterparts to share best practices and promote Algeria as an attractive investment destination.
· Cooperation with Saudi Arabia: Discussions with Saudi Arabia's Deputy Minister of Investment, Ibrahim Ben Youssef Al-Mubarak, focused on bilateral cooperation and Saudi investment projects in Algeria, with a cooperation agreement to be signed in the future
· WAIPA membership: Algeria was recognized as one of ten new members of WAIPA in 2024, strengthening its international presence in investment promotion.
Outlook.
These initiatives highlight Algeria's commitment to strengthening institutional
capacity, promoting global investment opportunities, and fostering strategic
partnerships to attract foreign capital.
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