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Industry Ministry calls for partnership with national and international companies

ALGIERS- Ministry of Industry, SME and Investment Promotion called for national and international industrial partnership for the creation of joint stock companies with holding companies.

This call for partnership is part of “the new industrial and technological ambition aiming at relaunching the tool of production, developing investment and promoting productive industrial partnerships,” said the Ministry in a notice published by the national press.

Within this framework, “the holding companies of the industrial sector committed to make profitable a series of assets useful in the industrial activity through the creation of partnership with national and international operators of the private sector,” said the source.

This partnership “consists in the creation of joint stock companies in accordance with the Algerian legislation in force.”

“The assessment of the partnership proposals will be made on the basis of the criteria stated in the specifications available at the level of every holding company from 1 July 2013.”

APS Sunday 14 July 2013         

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