Core Viewpoint - Algeria is accelerating the implementation of an industrial investment strategy focused on "import substitution," with significant investments aimed at developing non-hydrocarbon industries and meeting domestic market demand [1] Investment Overview - The Algerian Investment Promotion Agency (AAPI) reported a total of 19,054 registered investment projects, of which 7,656 are in the import substitution sector, with an investment scale of approximately $27.4 billion, expected to create over 270,000 jobs [1] Key Sectors - In the tire manufacturing sector, Algeria is advancing seven localization projects with a total investment exceeding $1.2 billion, targeting an annual production of over 20 million tires, primarily for commercial and heavy vehicles, to gradually replace the current import demand of about 7.2 million tires valued at approximately $350 million annually [1] - In the automotive parts sector, 158 projects are in the implementation phase with an investment of around $37.3 million, expected to cover a significant portion of domestic market demand and create about 8,000 jobs, seen as a crucial step in localizing the automotive industry chain [1] - In the food industry, Algeria is promoting a beverage aluminum can production project with an investment of approximately $4.46 million, designed to achieve an annual capacity of 800 million cans, aimed at reducing imports and foreign exchange expenditures [1]
阿尔及利亚在产业多元化背景下推动进口替代项目布局
Shang Wu Bu Wang Zhan·2026-01-01 16:46