Algeria "big chance for Serbian businesses"
Serbian companies are interested in taking part in big projects in Algeria, Minister of Economy Mlađan Dinkić says.
Monday, 16.11.2009.
17:01
Serbian companies are interested in taking part in big projects in Algeria, Minister of Economy Mladjan Dinkic says. He spoke during a session of the Serbian-Algerian Mixed Committee, and referred to north African country's five year development program worth USD 150bn. Algeria "big chance for Serbian businesses" The committee met in Belgrade after almost 20 years. Algerian Minister of Water Resources Abdelmalek Sellal called on the Serbian companies to take part in the projects envisaged by the five year plan of Algeria's development, particularly in agriculture, public works and high-rise building construction. Dinkic said that political relations between the two countries are excellent, but that they are not accompanied by a good economic cooperation, which is shown by the realized trade of only USD 10mn. "This is far less than the volume of trade which was realized in the eighties of the last century, and which exceeded USD 500mn," Dinkic underscored. The Algerian minister agreed with Dinkic, by saying that the trade volume is small and that the economic cooperation should be improved. According to Sellal, there are numerous areas for cooperation in infrastructural projects such as water management and high-rise building construction, and there is potential for cooperation in pharmaceutical industry, agriculture, tourism, energy and military industry.
Algeria "big chance for Serbian businesses"
The committee met in Belgrade after almost 20 years.Algerian Minister of Water Resources Abdelmalek Sellal called on the Serbian companies to take part in the projects envisaged by the five year plan of Algeria's development, particularly in agriculture, public works and high-rise building construction.
Dinkić said that political relations between the two countries are excellent, but that they are not accompanied by a good economic cooperation, which is shown by the realized trade of only USD 10mn.
"This is far less than the volume of trade which was realized in the eighties of the last century, and which exceeded USD 500mn," Dinkić underscored.
The Algerian minister agreed with Dinkić, by saying that the trade volume is small and that the economic cooperation should be improved.
According to Sellal, there are numerous areas for cooperation in infrastructural projects such as water management and high-rise building construction, and there is potential for cooperation in pharmaceutical industry, agriculture, tourism, energy and military industry.
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