• Investment in the agricultural sector in Algeria

    28/11/2024

    ​Gentlemen/ Members of the chamber

    Greetings,

    Asharqia Chamber extends its best regards to you, and informs you that it has received the letter of the Federation of Saudi Chambers No. (45511213/1) dated (16/5/1446 AH), which refers to the telegram of the General Authority for Foreign Trade regarding No. (748) dated (7/5/1446 AH), which includes the telegram of His Highness the Minister of Foreign Affairs regarding the Kingdom's Embassy in the People's Democratic Republic of Algeria's information that the Algerian Ministry of Agriculture and Rural Development has expressed its readiness to grant 20,000 hectares or more to any party in the Kingdom wishing to invest in agriculture, and for this at symbolic prices, low-interest loans, subsidized electricity, and the provision of free water. Accordingly, the Federation hopes that those interested and business owners in the field of agricultural investment will communicate with Ms. Noura Hezam, Business Council Affairs Specialist, via mobile number (0552847783) or e-mail  (nalshahrani@fsc.org.sa).

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