# Algerian industrial sector investment and development > Live situation record from CLSTR: https://clstr.news/situations/algerian-industrial-sector-investment-and-development > Updated: 2026-10-13T10:53:57.000Z. Sources: 5. Developments: 2. Algeria is advancing several large-scale industrial investment projects aimed at boosting national production and job creation. In the Larbaâtache industrial zone of Boumerdès, approximately 9.43 billion dinars have been allocated to six new projects. These include developments in compressed and liquefied gas production, sensitive vision equipment manufacturing, biotechnology, and cosmetics. Additionally, a specialized infant formula factory is under monitoring by the Algerian Agency for Investment Promotion, with operations expected to begin in July 2027. In Oran, a major tire manufacturing plant in the El Hamoul industrial zone, a partnership between El Hadj Larbi Industries and the Chinese company Doublestar Tire, has reached 45% completion. The 50 billion dinar project aims to produce up to 7 million tires annually. Local authorities have recently addressed the need for stable power supplies and accelerated construction timelines to ensure the facility meets its scheduled completion by the end of 2026. ## Timeline ### 2026-10-13: Tire factory project in Oran reaches 45% completion The tire factory project in Oran, Algeria, has reached 45% completion, facing potential delays for its 2026 deadline. The 50 billion dinar partnership aims to boost national production and create 2,000 jobs. 4 sources. https://clstr.news/cluster/tire-factory-project-in-oran-reaches-45-completion ### 2026-09-23: Boumerdès industrial zone receives 9.43 billion dinar investment Six new industrial projects in Boumerdès, Algeria, totaling 9.43 billion dinars, will create over 1,200 jobs. A new infant formula factory is also slated to begin operations in July 2027. 2 sources. https://clstr.news/cluster/boumerds-industrial-zone-receives-943-billion-dinar-investment --- Cite as: Algerian industrial sector investment and development. CLSTR, https://clstr.news/situations/algerian-industrial-sector-investment-and-development