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BY: Hana Saada
ALGIERS- In a working and inspection visit to Djelfa province, Minister of Trade Tayeb Zitouni revealed the expanded roles assigned to the state-owned company Magros.
In addition to its existing responsibilities for managing and establishing wholesale markets for fruits and vegetables, Magros will now be tasked with creating new commercial channels. The company will directly engage with farmers to source fruits and vegetables, distributing them at wholesale markets with reasonable prices.
Minister Zitouni emphasized that Magros will work closely with farmers and producers to protect their activities, ensuring a stable supply to national markets and price stabilization.
“Magros will also be responsible for distribution by acquiring agricultural products to be distributed in national markets. The goal is to protect farmers who may be affected by the informal market. This is a first step in a market transformation process. We want to provide the necessary tools to farmers and train them to become distributors and wholesalers themselves, significantly reducing the number of intermediaries in the distribution chain and consequently reducing retail prices for consumers,” he explained to the press.
Cold storage facilities for off-season product storage
In addition to these responsibilities, Minister Zitouni assured that the state-owned company would initiate several projects for the construction of cold storage facilities. These facilities will help store surplus agricultural produce during off-seasons.
“This new measure is primarily aimed at controlling the prices of off-season agricultural products, which are often exorbitant in our markets. With the operation of cold storage managed by Magros, prices for these off-season products will decrease, as the public enterprise will ensure regular and stable market supplies,” he further explained.
Minister Zitouni also unveiled that new measures are currently under consideration and will be implemented in partnership with local authorities. “These new measures will be revealed very soon,” he concluded.
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