Algeria Welcomes International Investment in Mining
In a significant move to enhance foreign investment in its mining sector, Algeria has introduced a groundbreaking law that permits up to 80% foreign ownership in mining operations. This landmark legislation marks a departure from the country’s historically stringent investment regulations and is viewed as a strategic effort to attract global capital and expertise,thereby optimizing the use of Algeria’s rich mineral resources. With ample deposits of vital minerals such as iron, zinc, and phosphates at hand, this law is poised to transform the mining industry landscape in Algeria. Analysts anticipate that this policy shift could not only stimulate economic growth but also position Algeria as a strong contender on the international mining stage. As the country seeks to lessen its dependence on oil revenues, the effects of this legislative change are expected to resonate throughout North Africa and beyond.
Revolutionary Legislation…
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Author : Samuel Brown
Publish date : 2025-06-21 03:53:00
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