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 Actualités ANDI

The National Agency for Investment Development welcomes the Ambassador of Japan to Algeria


 : His Excellency the Ambassador of Japan in Algeria, Mr. Kono Akira, visited this Wednesday February 17, 2021, the National Agency for Investment Development where he was received by Mr. Zikara Mustapha, the Agency’s General Director.


This meeting enabled a retrospective of Japanese investments in Algeria and an inventory of the possibilities currently offered. As such, the various sectors likely to be of interest to Japanese companies were reviewed.


Mr. Kono Akira expressed his keen wish to revitalize the economic relations between the two countries and to strengthen Japanese investments in the Algerian market. He also declared that this market constitutes one of the most important markets in Africa and expressed the interest of many Japanese companies to invest in various economic sectors. “The latter would be willing to come to Algeria, as soon as this pandemic ends,” he added.


The Agency’s General Director indicated, for his part, that in order to improve the business climate and facilitate the act of investing in Algeria, reforms focused on the elimination of bureaucratic obstacles and the dematerialization of administrative procedures are underway, through the adoption of a strategy, aimed primarily at eliminating multitudes of stakeholders and the establishment of a transparent policy regarding the investment incentive system application.


He also stressed on the importance of the technology transfer that Japanese companies could bring to the Algerian market, while citing the different strategic sectors that Algeria wishes to develop.




At the end of this meeting, Mr. Zikara assured His Excellency the Ambassador of all the support of the Agency to assist Japanese companies in the creation of their investment projects in Algeria, by inviting them to get closer to the ANDI, to inquire about the procedures to follow.


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