The Council for Algerian Economic Renewal supports the amendment of the investment law

The head of the Council for Algerian Economic Renewal (CREA), Kamel Moula, said that the council received with satisfaction the will of the President of the Republic, Abdelmadjid Tebboune, to amend the investment law.

In a statement published by the council, Moula stressed that the global crisis and the state of the national economy necessitate drawing up a strategy for the promotion of national and foreign investment, saying: “The Algerian Economic Renewal Council has held several meetings in order to come up with objective proposals as soon as possible.”

“Some of the measures in force in the current investment law constitute obstacles to promoting investments.”, He added, and continued, “We are aware of the importance of a consistent response to come up with an effective participatory view in order to advance the national economy.”

Ahmed Achour