ALGERIA STONE
[ALGERIA]

Algeria southern Mediterranean country, gateway to Africa and central Maghreb, With an area of 2,381,741 km2, a population of 42.2 million in 2018, a natural growth rate of 2.9 % and an active population of 24.3% of young people. Algeria has a high per capita GDP in North Africa (US $ 14,687.39 in purchasing power parity) and a nominal GDP of $ 200.2 billion in 2019.

The country shares a total of more than 6,385 km of land borders such as Tunisia in the north-east, and Morocco in the west, which are strategic borders for import and export.

The new model of development of the industrial sector gives more consistency to productive investment and reserves an important role for partnerships between national public and private companies by involving foreign operators. This new economic growth policy, adopted in the perspective of diversification and structural transformation of the Algerian economy, is already taking shape in several sectors, across the national territory, based on reforms resulting in new transitions: technological, energy, digital, ecological, managerial and societal. A package of measures is therefore put in place for the implementation of new projects, the revitalization of sectors, the revival of investment and support for the economy and industry.