Sellal: Economic emergence requires growth rate in industry

GMT 07:35 2014 Friday ,18 July

Arab Today, arab today Sellal: Economic emergence requires growth rate in industry

Industry in Algeria
Algiers - APS

Prime Minister, Abdelmalek Sellal said Thursday in Algiers the ambition of achieving economic emergence as announced by the government's action plan "requires a considerable growth rate particularly in the industrial sector."
The main objective of the policy of economic development is to increase the participation rate of the industrial sector in the national economy to achieve added value in the medium term and the creation of 600,000 jobs between 2013 and 2020, he affirmed in response to an oral question to the People's National Assembly (Lower House of Parliament), read on his behalf by Mahi Khelil, Minister of Relations with Parliament.      
The Prime Minister said that the achievement of this aim must be backed by an impetus to the industrial sector, dubbed "the great challenge of the next decade", through the "revitalization of major industrial projects that develop structuring investments and energize the various branches of industry and SMEs while developing subcontracting."
In this context, he stressed the government's efforts to achieve this objective by facilitating the procedures for creation of companies, through ensuring support without distinction between private and public sector.
He also recalled the facilitations for obtaining the land and the early completion of 49 industrial parks, noting in this regard the facilitation contained in the law 01-03 on investment.

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