✏️ BY: Dr. Hana Saada
Algiers, Algeria | June 23rd, 2024 —Omar Rekkache, Director General of the Algerian Agency for Investment Promotion (AAPI), announced the establishment of the “Invest DZ” International Investment Forum during a seminar in Algiers on Sunday. This annual event aims to enhance Algeria’s investment attractiveness by showcasing opportunities and fostering dialogue among economic stakeholders.
Presidential Approval and High Patronage
Addressing participants at the seminar on “The Role of Business Councils in Enhancing Economic Diplomacy,” Mr. Rekkache revealed that the “Invest DZ” Forum has received approval from President Abdelmadjid Tebboune and will be held under his auspices. This endorsement underscores the government’s commitment to promoting investment and economic growth.
“This Forum will serve as an annual international platform to highlight investment opportunities in Algeria,” stated Rekkache. He emphasized that the event will showcase successful experiences of both local and foreign enterprises, aiming to attract foreign direct investment (FDI) and stimulate economic diversification. Additionally, the forum will facilitate dialogue and collaboration among stakeholders to address challenges related to investment and economic development.
The “Invest DZ” Forum is strategically positioned to elevate Algeria’s profile as a favorable investment destination. By providing networking opportunities for investors, policymakers, and business leaders, the forum aims to forge partnerships that contribute to sustainable economic growth and development. It will underscore Algeria’s economic potential and supportive business environment to a global audience.
The launch of “Invest DZ” signifies Algeria’s proactive approach towards enhancing its investment climate and attracting global investors. This dedicated platform is expected to stimulate economic activities, create job opportunities, and promote long-term economic prosperity. The inaugural forum anticipates significant participation from domestic and international stakeholders, marking a significant milestone in Algeria’s economic strategy.
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