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BUSINESSMED EU Med Roadshow - MED BUSINESS DAY: Towards an increase in foreign direct investment in Algeria

BUSINESSMED EU Med Roadshow - MED BUSINESS DAY: Towards an increase in foreign direct investment in Algeria


In the framework of the EBSOMED project, BUSINESSMED organized on  January 10, 2019 in Algiers the MED BUSINESS DAY Roadshow, in partnership with CONFINDUSTRIA  and CGEA.

This event aims to provide the stakeholders of the Euro-Mediterranean entrepreneurial ecosystem with the opportunity to identify new partners and start new business relationships. The event brought together more than 370 Mediterranean economic actors, including a strong delegation of 40 Italian companies.

The day was chaired by Mrs Saida Neghza, President of BUSINESSMED and CGEA as well as by Mr Vincenzo Boccia, President of CONFINDUSTRIA. Both highlighted the improvement of business climate in the region and the consolidation of bilateral relations between Algeria and Italy.

The opening session, moderated by Mrs Jihen Boutiba, General Secretary of BUSINESSMED and Director of the EBSOMED project, continued with the intervention of Mrs Monia Eldjendoubi, Attaché for Cooperation of EU Delegation to Algeria, who put emphasis on the EU's willingness to create bilateral and multilateral cooperation and to establish partnerships based on the principles of social responsibility, through projects such as the EBSOMED programme. Mr Kheireddine Medjoubi, Secretary General of the Algerian Ministry of Industry and Mines, for his part insisted on the need to encourage investments in southern Mediterranean countries having today the infrastructure and the desired skills.

After the opening session, parallel sessions were hosted by Euro-Mediterranean experts on Digital sector, Renewable Energies, Building and Public Works and Automotive and Mechanical industry.  A big part of the event was also devoted to the organisation of more than 120 B2B meetings that aimed at facilitating the establishment of potential agreements, particularly subcontracting and co-sourcing contracts, technological partnerships and strategic trade relations.

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