BY: Dr. Hana Saada
ALGIERS- The Minister of Industry and Pharmaceutical Production, Ali Aoun, met with the Chairman of the Qatari Investment Holding Company and Baladna Company, Mr. Mohamed Moataz Al-Khayyat, on Wednesday, as announced by the ministry in a statement.
During the meeting, the two parties discussed ways to strengthen partnership and cooperation in the industrial sector, as well as investment opportunities in Algeria and joint partnership projects between the two countries in the industrial field.
According to the statement, Mr. Mohamed Moataz Al-Khayyat, Chairman of the Board, expressed Baladna’s interest and willingness to invest in the industrial sector and explore all available and profitable opportunities for both countries.
The meeting signifies Baladna’s interest in expanding its presence into Algeria’s industrial sector, potentially bringing new investment and expertise to the country. As Qatar continues to strengthen its economic ties with Algeria, collaborations like these are expected to contribute to the growth and diversification of Algeria’s industrial landscape.
Baladna is known as a leading Qatari company with interests in various sectors, including agriculture, food, and dairy production. The company’s interest in entering Algeria’s industrial sector reflects its confidence in the country’s economic potential and its commitment to contributing to its development.
Algeria offers attractive opportunities for foreign investment in various industries, including manufacturing, pharmaceuticals, and petrochemicals. With its vast natural resources and strategic location, Algeria presents an ideal environment for companies like Baladna to establish a foothold and expand their operations.
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