Economy

Small and Medium Sized Enterprises Conference: Algeria has become a new destination for foreign investments

Algerian and Arab economic operators stressed today, Sunday, the importance of the Arab International Conference and Exhibition for Small and Medium Sized Enterprises organized in Algeria, as it sends a “strong” signal that Algeria has become a new destination for foreign investments.

The participants highlighted that this economic event organized by the Ministry of Trade in cooperation with the Arab Union for the Development of Industrial Exports is an opportunity to discuss investment possibilities in Algeria and establish partnerships, calling for more support for small and medium sized enterprises in the Arab world through improving incentives, regulatory frameworks and financial support.

It’s worth recalling that about 400 Algerian, Arab and African institutions are participating in the exhibition held in parallel with the conference, which represents a diverse number of sectors, especially the mechanical industries, communications, financial services, tourism, information technology, logistics and food industry.

During the conference, which is held under the slogan “Opportunities and Challenges of the Fourth Technological Revolution”, the participants discuss several axes such as Arab and African programs and plans aimed at promoting and financing small and medium sized enterprises.

The sessions and discussion panels, which are moderated by experts and economic operators, focus on Arab-African cooperation in developing and rehabilitating small and medium sized enterprises, as well as the opportunities and challenges of the Industrial Revolution (4.0), as well as digital transformation.

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