Algeria

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After a respectable 2012 year in terms of FDI, the amount of investment projects announcements identified by the ANIMA-MIPO observatory in Algeria in 2013 registers a slight decrease compared to the previous two years. This trend is more in line with UNCTAD figures, which announced an increase of 9% of FDI inflows in 2013, than with the significantly higher figures released by the Algerian public authorities for the same period. 

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As usual, more than 50% of the recorded flows are directed toward the energy sector, with two predominant projects: the launch of the production phase in the Menzel Ledjmet East field by the Italian ENI as well as a capital increase by the Spanish petrochemical group Fertiberia in its Algerian subsidiary Fertial. 
Projects identified in metallurgy also occupied an important place in 2013 FDI intentions share: 6 projects totalling €308 million are recorded, starting by the development by Qatar Steel and Qatar Mining of a steel complex in the Jijel region and followed by the extension of the El Hadjar site by ArcelorMittal.
 
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