Arab Today, arab today andi 9 increase in investment projects in h1 2012
Last Updated : GMT 14:44:40
Arab Today, arab today
Arab Today, arab today

ANDI: 9% increase in investment projects in H1 2012

Arab Today, arab today

Arab Today, arab today ANDI: 9% increase in investment projects in H1 2012

Algeirs - Agencies

Investment projects reported in the first half of 2012 rose by 9%, totaling 4,275 projects worth DZD410 billion against 3,922 projects in the same period in 2011, described as \"the year of recovery\" during which investments had almost tripled in terms of amount, Andi said Tuesday. These new projects include the creation of more than 47,000 permanent jobs, Abdelkrim Mansouri, Director General of National Agency for Investment Development (Andi) told APS. As for investments involving foreigners, they are limited to six (6) projects totaling 34 billion dinars and to create about 1,230 jobs. Approved by the National Investment Council (CNI), they were introduced in accordance with 49/51% rule introduced by the CFL in 2009, which gives the majority stake to national resident shareholders, says Mansouri. The countries involved in these partnership projects are Spain and France with two projects each, Finland and Lebanon with a project for each country, he added. By business and in terms of employment, the transportation sector accounts for 52% of returns during the first six months of 2012 for a total investment of 34 billion dinars. In terms of amount, the industrial sector accounts for 54% with 608 projects and a 37% share in terms of employment, says the CEO of the agency. The balance of investment declarations shows a concentration of projects in the north (2,722 projects) with 1,604 projects at the Centre which 453 only for Tizi-Ouzou, which has held the top spot in terms of attractiveness before Algiers who received only 311 projects in the first half of 2012. Moreover, the Agency noted that 1,731 reported projects have been localized in the zones to be developed, including 795 projects in the South and 936 others in the High Plateau zones. This progress dubbed, \"remarkable\" of the attractiveness of the zones to be developed is explained by Mansouri, \"by the result of a new device set up since December 2011 after the Cabinet decision.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today andi 9 increase in investment projects in h1 2012 Arab Today, arab today andi 9 increase in investment projects in h1 2012

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today andi 9 increase in investment projects in h1 2012 Arab Today, arab today andi 9 increase in investment projects in h1 2012

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday