Investment agreement Between ANDI and SOMEX INTERNATIONAL SARL April 26,  2012

ANDI and SOMEX INTERNATIONAL SARL signed, on Thursday, April 26, 2012, an investment agreement in accordance with the provisions of the ordinance 01.03 amended and supplemented. 
The SARL SOMEX INTERNATIONAL is an Algerian company wholly owned by national capital. The project consists in the realization of a multifunctional residential center of exhibition, business, trade, and leisure at the municipality of El
Khroub, Ali Mendjeli new city, Constantine.

It is composed mainly of:

• A 4 stars hotel,
• A shopping center including a hypermarket and commercialization spaces,
• An exhibition center including a covered showroom exhibition space of 15,000 m² and open exhibition space of 7,000 m²,
• An office complex composed of two towers
• A residential center and 3 car parks,
• a center of leisure, culture and sport

 
This project, the cost of which is estimated at 19 375 million DA, plans to create 2,500 permanent jobs