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July 8, 2025 | 7 months ago

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Investment promotion: AAPI awards quality projects in Bouira

On Monday, Omar Rekache, Managing Director of the Algerian Investment Promotion Agency (AAPI), visited the wilaya of Bouira.

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On this occasion, he distributed concession contracts to economic operators. Contracts were awarded to SPA IMGSA Groupe for the production of Paracetamol medicines, 5.5 billion Algerian dinars, with a production capacity of 500 tonnes of Paracetamol raw material and 20 million units of water for injections. This project will create 500 direct jobs.

The second company is SARL Le Chataignier, an expanding production unit for HBL and CBL cardboard and plastic packaging products. This 1 billion dinar investment will create 119 additional direct jobs.

Besides, SARL ELAMAL has an industrial project to produce laboratories, offices and furniture in various materials. The investment is estimated at 250 million dinars, with the creation of 51 direct jobs.

July 8, 2025 | algeria-logo

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