U.S. Commercial Service. Doing Business in Algeria Presented by Wifak Rtal Bennani 15, June , 2007. Market Overview. Size: 10 th largest country in the world and the 2 nd largest in Africa. Strategic location: the Mediterranean, other Maghreb countries and the Sahel.
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Doing Business in Algeria
Presented by Wifak Rtal Bennani
15, June , 2007
Imports: $25 billion- Exports: $51 billion ( 97% Hydrocarbons: oil and gas)
U.S: first bilateral trade partner, ahead of France, Italy and Germany
U.S exports to Algeria:+ $1 billion
The security situation: generally improved particularly in the Major cities.
15th: oil reserves,
7th: natural gas resources.
Partnerships and joint ventures: viable forms
local office: beneficial to procuring tenders for government contracts
Relationships are important to finding a partner in Algeria
Agents and consulting firms can watch for small or rapidly changing technical requirements during a tender process.
The Algerian budget surplus exceeds $100 billion that the Government plans to invest on infrastructure and public works.
Six state-owned banks still dominate the commercial market with 95% share
Algiers International Trade Fair, June 2008 Algiers, Algeria.
U.S pavilion organized by the U.S Commercial Service
Franchise Expo, November 2007, Algiers, Algeria