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Invest in the MEDA region, why how ?
The relatively high unemployment rate (13 percent according to
ANDI official figures) is detrimental to social development and
unemployment among young people remains persistently high (45
percent).
Agricultural development faces multiple constraints, in particular a
shortage of agricultural land, insufficient output, and heavy
dependency on weather conditions.
Strong points
Algeria’s major assets and comparative advantages are as follows:
� Proximity and easy access to potential markets. Contingent to
Europe, Africa and Arab countries, Algeria’s strategic location
greatly boosts its investment potential, particularly attractive
for export‐oriented foreign investment;
� Large domestic market (33 million consumers);
� Important natural resources (oil, gas, etc.). Other mineral
resources remain greatly under exploited, particularly
phosphates and iron;
� Abundant human resources and flexible labour market, the
many universities, national;
� University level colleges specialised in professional training
(grandes écoles) and vocational training centres ensuring the
availability of skilled personnel.
The National Investment Development Agency
(ANDI)
The entity responsible for direct foreign investment in Algeria is
the National Investment Development Agency (ANDI). The
country’s first investment code was announced in 1993 and the
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