Sifi Ghrieb’s Strategic Vision: Advancing Algeria’s Public Industrial Complexes for Global Competitiveness

BY: Dr. Hana Saada

Algiers, Algeria | December 1st, 2024 — In an ambitious endeavor to revitalize Algeria’s industrial sector, Minister of Industry and Pharmaceutical Production, Sifi Ghrieb, convened a series of evaluation meetings on Sunday, December 1, 2024, at the ministry’s headquarters. The meetings brought together key leaders from prominent public industrial conglomerates, including GETEX (Textile and Leather Group), AGM (Mechanical Industries Group), and MADAR Group.

These discussions offered a comprehensive assessment of the current status, strengths, and weaknesses of the industrial complexes, along with their affiliated institutions. Minister Ghrieb underscored the importance of harnessing the expertise and capabilities of professionals within the industrial sector, describing them as the cornerstone of Algeria’s economic progress.

The minister’s directives align closely with the guidance of President Abdelmadjid Tebboune, focusing on fostering strategic partnerships tailored to the unique activities of each industrial group. These collaborations are expected to bolster the growth of diverse industrial branches, facilitate innovation, and enhance Algeria’s industrial integration.

One of the key highlights of Ghrieb’s vision is the integration of startups into the industrial framework, particularly in innovation-driven sectors such as textiles and leather. By leveraging the creativity and ingenuity of emerging enterprises, the minister aims to significantly boost product integration levels and redefine industrial processes.

In addition, Ghrieb called for a concerted effort to adopt an aggressive marketing strategy, particularly targeting international markets. This approach is expected to solidify Algeria’s position on the global industrial stage and increase its export potential.

Equally crucial, the minister emphasized mastering key industrial skills, maintaining stringent quality standards, and continuously innovating the products offered in domestic and foreign markets. He affirmed the existing industrial complexes possess the resources and expertise needed to achieve these objectives effectively.

The evaluation meetings also served as a platform for identifying immediate challenges and implementing actionable measures to address obstacles faced by industrial complexes and their subsidiaries. These measures include structural improvements and strategic adjustments aimed at ensuring the optimal performance of Algeria’s industrial sector.

This initiative by Minister Sifi Ghrieb demonstrates Algeria’s unwavering commitment to developing a robust industrial ecosystem, fostering innovation, and positioning itself as a key player in the global industrial economy.

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