Boumerdès industrial zone receives 9.43 billion dinar investment

Six new investment projects have been allocated in the Larbaâtache industrial zone in Boumerdès, Algeria. These projects represent a total investment of approximately 9.43 billion dinars and are expected to create 1,228 direct jobs across various industrial sectors.

Key developments include: • AURES GAZ: A compressed and liquefied gas production project investing over 3.33 billion dinars, expected to create 380 jobs. • AMS TECH: A manufacturer of sensitive vision equipment with an investment of 1.12 billion dinars, aiming for 500 jobs. • Algerian Company for Biotechnology: A pharmaceutical manufacturing project investing over 1.9 billion dinars, creating 105 jobs. • First Remed: A cosmetics and hygiene products project with an investment exceeding 1 billion dinars, expected to create 141 jobs.

Additionally, the Algerian Agency for Investment Promotion (AAPI) is monitoring the construction of a specialized infant formula factory by Baby Infant Nutrition. The facility is scheduled to begin operations in July 2027. It will initially produce 5,000 tonnes per year, with plans to scale up to 10,000 tonnes annually to meet local demand and reduce national import costs. This project is expected to generate over 100 direct jobs.