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Report | The Report: Algeria 2016

Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.

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Chapter | Legal Framework from The Report: Algeria 2016

OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. Samy Laghouati, Partner, Gide, on the new investment code.

Chapter | Tax from The Report: Algeria 2016

In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. The chapter includes a viewpoint from Samir Hadj Ali, Chartered Accountant and Managing Partner, Mazars Algeria, on corporate income tax rates.

Chapter | Education & Health from The Report: Algeria 2016

Algeria has made significant strides to improve access to quality medical care and tackle communicable diseases. While basic health indicators are very good, the changing socioeconomic landscape and improved living standards have coincided with a rise in chronic diseases such as diabetes and cancer. Years of accumulated oil revenues have enabled the government to fund the health care system generously and invest heavily in clinics, hospitals and preventative measures. Yet despite the progress made, there is still room for improvement given the country’s changing health issues and health care needs. This chapter contains interviews with John Chrosniak, President, DuPont; and Dow R Wilson, CEO, Varian Medical Systems.

Chapter | Tourism from The Report: Algeria 2016

As Algeria seeks to rapidly diversify its economy, the government has singled out tourism as one of five priority sectors for investment. But building a reputation as an international destination in a competitive global market, while overcoming regional security concerns, a chequered global economic landscape and a long-neglected national tourist infrastructure, will prove challenging. While the drive to spark a building frenzy appears to have finally materialised after years of limited action, auxiliary services and personnel training may still lag behind, impeding progress. Nonetheless, both local and foreign investors have shown an interest in new ventures, and many are determined to do what is necessary to continue developing Algeria’s vast tourism potential. This chapter contains an interview with Simon Stamper, Director of Operations, Africa, IHG.

Chapter | Agriculture from The Report: Algeria 2016

Algeria has been taking active steps to lower its food import bill and improve local agriculture production. That being said, the government continues to face challenges in areas such as land appropriation and financing. Given its sizeable agricultural land potential and current development programmes, Algeria is ideally poised to be an exporting country for agricultural produce. Developing a smart export policy and system based on intensive agriculture will be crucial going forward. This chapter contains interviews with Abdesselam Chelghoum, Minister of Agriculture, Rural Development and Fisheries; and David Blumberg, CEO, Blumberg Grain Middle East & Africa.

Chapter | Sétif from The Report: Algeria 2016

With the nation’s largest industrial park set to be built in Ouled Saber, Sétif is set to benefit from an increasing flow of private and public investment into sectors such as electronics, automotive and agri-industry. The new enterprises emerging in the Sétif region will provide employment opportunities for thousands of people, while also advancing the province’s importance as a key contributor to Algeria’s economy.