Minister of industry: draft investment code includes incentives for investors and operators making and maintaining fishing boats

The draft investment code, currently being revised by the government, includes significant incentives for investors, including operators in the construction and maintenance of fishing boats, Industry Minister Ahmed Zeghdar said Sunday in Boumerdes.

The objective of the investment code “is legal stability and the attraction of investors through various facilities,” Zeghdar told the press, on the sidelines of the signing of a framework agreement between the Ports Management Company and three private operators, under which they have obtained contracts for the exploitation of spaces within the ports, in the presence of the Ministers of Fisheries and Fisheries Productions, Hicham Sofiane Salawatchi, and of Transport, Aissa Bakkai.

The Minister also called on economic operators and start-up project holders in the field to prepare their investment files while waiting, he said, “for the promulgation of this law which will be accompanied by the establishment of the Land Agency for the management of industrial land under preparation,” he said.

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