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ALGERIA |
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Promotion investment agency : ANDI |
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The entity responsible for direct foreign investment in Algeria is the National Investment Development Agency (ANDI). The country’s first investment code was announced in 1993 and the ANDI, following on from an initial agency (APSI), was created in 2001, with the adoption of the new law on investments. The ANDI has the responsibility to accompany both national and foreign investors, to facilitate administrative procedures, and grant tax exemptions, rebates and other incentives... |
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The National Investment Development Agency (ANDI) |
The entity responsible for direct foreign investment in Algeria is the National Investment Development Agency (ANDI). The country’s first investment code was announced in 1993 and the ANDI, following on from an initial agency (APSI), was created in 2001, with the adoption of the new law on investments.
The ANDI has the responsibility to accompany both national and foreign investors, to facilitate administrative procedures, and grant tax exemptions, rebates and other incentives. It is part of a national network of one-stop units respectively in charge of each of the regions of the country (wilaya), so as to simplify and coordinate investment procedures and the creation of businesses. A central structure dealing with foreign investments has been created within the Head Office of the Agency. |
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Administrative supervision |
The ANDI is placed directly under the authority of the Head of Government, and constitutes one of his services. However, the Minister Responsible for the Promotion of Investment and Participation has operational responsibility for the ANDI.
The ANDI’s missions are :
- To define actions to highlight the comparative competitive advantages of the Algerian economy;
- To design mechanisms of support for the promotion of investment and the follow up of their good execution;
- To suggest to the government all useful legal and economic measures to improve investment and reduce the formalities for the projects under way;
- To follow up the good operation of the decentralised one-stops;
- To support the organisation, at both national and international level, of forums, seminars and meetings for the promotion of investment.
Website : http://www.andi.dz |
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