Monday 24 February 2025 
Saida Neghza, President of the General Confederation of Algerian Enterprises, explained that to create an atmosphere conducive to investment, trust must be restored between the investor and officials, stressing the need to amend the investment law to break the impasse in this area, in order to protect the investor from the bureaucratic obstacles that stand in his way.
Neghza denounced, during his appearance on Ennahar TV, in the program “Questions”, the negative behavior of certain officials who neglect the files of investors for a period that can exceed five or six months, without taking the trouble to study their files and then respond to their requests, and even refrain from issuing an acknowledgment of receipt for files submitted to them.
The businesswoman pointed out that such abnormal behavior undermines the confidence of the investor, and leads to his loss of hope to invest in Algeria, calling for an end to these practices which reflect inappropriate treatment with the investor, “who appears to be a criminal for those officials”.
The President of CGEA added that investors suffer a lot from administrative bureaucracy in order to obtain credit for their investments, as well as to benefit from bank loans, forcing many of them to self-finance their projects with their own money.
The speaker pointed out that there are other problems that hamper the investment operation, such as the lack in real estate bases, for which investors pay huge sums of money for their possession, of various facilities necessary such as water, electricity and gas, wondering how an investor who encounters such difficulties and obstacles can invest in Algeria.
Ahmed Achour