Read Video description, Watch to end for full detailed information and please don't forget to subscribe to this channel for more Business informative videos, Thanks. Why you Should Invest Algeria - Doing Business In Algeria. Algeria shares its borders with Libya and Tunisia on the east, Morocco, Western Sahara, and Mauritania on the west, and Mali and Niger on the south. The country has a strong track record of political stability and it's making progress in terms of the business environment and governance. Algeria is a gateway between Africa and Europe. The country achieved a 2.8 percent compound growth in GDP over 5 years period. It is the 6th largest exporter of gas in the world and 10th in terms of largest reserves of natural gas globally.

Algeria attracted decent FDI flows between 2006 and 2011. Recently, there has been a sharp decline in European investment and greater interest from Gulf investors. China, Singapore, Spain, and Turkey are the leading investors. Tourism, construction, and agriculture are the sectors that receive most FDI. Algeria ranked 157th out of 190 countries in the World Bank's Doing Business 2020 report.

The country has been trying hard to attract Foreign Direct Investment (FDI) into the country. Several sectors are targets for foreign investors, including the automobile industry and renewable energy sector. Algeria is seeking to develop its non-hydrocarbon resources and has opportunities in various sectors such as Agriculture, Fishing, Tourism, Renewable Energy, Transport, Health, ICT Sectors, and Mining. The country is transitioning gradually from a net importer of agricultural goods into an exporting economy. Investment prospects in Medical equipment and supplies, including diagnostics, imagery, and laboratory equipment, hospital, and outpatient clinic design and construction services.

The finance sector presents enormous opportunities for foreign investors. Renewable energy program aims to install 22,000 MW of power generating capacity from renewable sources by 2030.



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