Promising investment opportunities in new southern provinces

EL-MEGHAIER (Algeria)- The minister of Interior, Local Authorities and National Planning, Brahim Merad, said Tuesday that investment prospects in the new ten provinces in the country's south were "very promising."

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In a news conference on the sidelines of a working and inspection visit to the province, Merad stressed the "importance of involving local officials in providing support for investment in the province, which represents a promising future for the economy if properly managed."

The minister noted that the creation of 10 provinces in the country's south was carried out in line with the programme of the president of the Republic, Abdelmadjid Tebboune, aimed at generating investment for economic take-off.

With respect to the development of agricultural land in the southern provinces, mainly Touggourt, El-Menia, El-Meghaier and Timimoun, Merad said the State was ready to provide the necessary support.

He added that all relevant bodies would be involved to achieve the best results possible.

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