Algerian Prime Minister Sifi Ghrieb on Sunday pledged continued government support for investment project developers, as authorities seek to improve the country’s business climate and attract more private sector activity.
Speaking in Algiers, Ghrieb reaffirmed the government’s commitment to ensuring “all necessary conditions” for the delivery of high-quality public services to investors, according to a statement.
The remarks come as Algeria intensifies efforts to diversify its economy and reduce reliance on hydrocarbons, which continue to dominate state revenues and export earnings.
The prime minister said the government was determined to strengthen administrative efficiency and remove obstacles facing project developers, as part of broader reforms aimed at improving the investment environment.
He stressed that public institutions would be mobilised to support ongoing and future investment projects, with a focus on ensuring faster procedures and better coordination between government agencies.
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The pledge reflects long-standing challenges in Algeria’s business climate, where investors have frequently cited bureaucratic delays, regulatory uncertainty and complex administrative procedures as barriers to entry.
Authorities have in recent years introduced a series of reforms designed to attract foreign and domestic investment, including revisions to investment laws, efforts to streamline licensing procedures and measures aimed at improving transparency in public procurement.
Ghrieb’s remarks signal continuity in that policy direction, as the government seeks to position Algeria as a more competitive destination for capital inflows amid regional competition for investment.
Officials have argued that improving the business climate is essential for job creation, economic diversification and long-term growth, particularly as the country faces pressure from demographic expansion and rising demand for employment opportunities among young people.
The prime minister did not provide specific details on new policy measures but reiterated the state’s role in accompanying investors throughout the lifecycle of their projects, from approval to implementation.
He also underscored the importance of improving the quality of public services, describing them as a key component of investment facilitation and economic performance.
Analysts say Algeria’s reform push has gained momentum in recent years, but implementation remains uneven, with investors continuing to highlight challenges related to regulatory consistency and administrative efficiency.
The government has sought to balance economic liberalisation with efforts to maintain strategic control over key sectors, particularly energy, which remains central to state finances.
Hydrocarbons account for a significant share of Algeria’s export revenues, making diversification a stated priority for policymakers aiming to reduce vulnerability to global energy price fluctuations.
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The latest pledge from the prime minister comes at a time when several North African economies are competing to attract foreign direct investment in infrastructure, manufacturing and renewable energy projects.
Algeria has been working to improve its ranking in global business climate indicators, though progress has been gradual and dependent on sustained institutional reforms.
Sunday’s statement is expected to be welcomed by business groups and investors seeking greater clarity and support in navigating the country’s regulatory environment.
However, analysts note that the effectiveness of such commitments will depend on how quickly they translate into concrete administrative improvements on the ground, particularly at local and sectoral levels.
The government has repeatedly emphasised that reforming the investment climate is a long-term process requiring coordination across ministries and public agencies, as well as continued political backing at the highest levels.
Ghrieb’s pledge adds to a series of recent statements by Algerian officials highlighting the need to modernise public administration and enhance the country’s appeal to investors in a highly competitive regional economic landscape.
