Physical Address
Indirizzo: Via Mario Greco 60, Buttigliera Alta, 10090, Torino, Italy
Algerian-Belgian economic partnership opportunities examined
Algerian-Belgian Forum Brussels
The Algerian Embassy in Brussels organized, in collaboration with the Arab-Belgian-Luxembourg Chamber of Commerce and the Brussels Chamber of Commerce and Entrepreneurs, an Algerian-Belgian economic forum, bringing together more than a hundred Belgian and Luxembourg companies. Held last Thursday, this forum, which is part of the actions of Algerian economic diplomacy, focused mainly on the business environment and investment and partnership opportunities in Algeria, particularly in the sectors of startups, digital technology and clean and renewable energy.
This economic event was hosted by Mr. Sid Ali Zerrouki, CEO of Algeria Venture (A-Venture), a startup, who focused his speech on the ecosystem of startups and innovation in Algeria, the methods of their financing and the promising prospects that are emerging internationally for this sector.
Mr. Mohamed El Amine Bencherif, Ambassador of Algeria to the Kingdom of Belgium and the Grand Duchy of Luxembourg, recalled on this occasion, the excellence of bilateral relations, supported by a global commercial exchange during 2023, exceeding the figure of 2 .7 billion euros, with a trade balance favorable to Algeria, in light of the commitments made, under the program of the President of the Republic, Mr. Abdelmadjid Tebboune, to give an impetus to economic dynamics of the country, particularly in the start-up, digital and innovation sector.
The ambassador stressed that the new Algeria offers the national and international business world a healthy, transparent and regulated climate which allows the flourishing of businesses that produce wealth and jobs.
He also mentioned the structuring projects which have been undertaken, such as the exploitation of the iron deposits of Gara Djebilet, the phosphate deposits of Djebel Onk, and the launch of the construction of major road and railway infrastructure projects.
The economic aspect of this forum was punctuated by fruitful B2B meetings between the participants and the Algerian delegation, discussing in this wake, the energy potential of Algeria outside hydrocarbons, the programs of their development for the years to come, as well as the new regulatory framework and investment procedures.
Agency