Introduction

Algeria is 2nd largest country in Africa. 10th largest in the world. Abundant natural resources and has a mixed geography and a long coastal line. Records a balance of trade surplus,a stable currency and a low inflation rate. Hydrocarbons are the primary revenue generator, accounting for 60% of budget revenues,30% of GDP and over 95% of export earnings. Algeria has 8th largest reserve of natural gas in the world and is the 4th largest gas exporter. Its a market oriented economy Politics of Algeria is placed in a framework of a presidential republic,Government has introduced a dynamic liberalisation program to attract foreign direct investment.

Opportunities for foreign investors

The geographical proximity of the potential markets in Europe, Africa and Middle East. Strategic location greatly boosts investment potential. Large domestic market. Population of over 34 million inhabitants, 60% of people under 30 years old. Abundant natural resources such as uranium, steel, zinc, mercury, phosphate, etc. Abundant human resources and flexible labour market. University level colleges specialized in professional training and vocational training centres ensuring availability of skilled personnel. Basic infrastructure consistent with a road network of 110125 km, 40 ports and 55 airports, including 5 of international standards. Legislation granting customs and tax incentives, especially for the import of equipment with exemption from income taxes for a period ranging from 5 to 10 years.

Reasons to invest in Algeria

1.
2.

Attractive investment opportunities $ 46 billion of imports: food, pharmacy, metallurgy, mechanical engineering ... etc. $ 286 billion of public investment for the period 2010-2014 Promising sectors with matured projects
Particular assests Availability of important natural resources 15th place in terms of proven oil reserves in the world 7th place in the world in terms of proven gas resources Solar potential: 3000 hours of sunshine per year Other mineral resources: phosphate, zinc, iron, gold, uranium, tungsten, kaolin, silicon etc

3. An intensified protection and international arbitration agreements Membership to international conventions for the protection of investors, relating to guarantees and international arbitration;

4.And competitive production factors costs Energy: Natural Gas 0.18 to 0.37 euro / therm Electricity: 1,14 / kWh on average Salary: 180 to 540 euros for the public sector and 180 to 700 euros for the private sector (the minimum wage is 180 euros)

8. A qualified, young and competitive labour force 5. Economic stability: GDP: 183 billion U.S. $ in 75% of the population is under 25 years old, 97% 2011 vs 55 billion U.S. $ in 2001 of this population is in age to be trained Growth rate: 2.8% in 2011 vs 2% in 2001 More than 80 universities and 658 vocational The rate of non-oil growth of 5.8% in 2011 training institutions External debt: 4.5 billion U.S. $ in 2011 vs U.S. 120 000 graduates per year and 190,000 $ 30 billion in 2001 graduates of vocational training Foreign exchange reserves: 174 billion U.S. $ in 9. Functional and modern infrastructure in 2011 vs U.S. $ 18 billion in 2001 conformity with international standards 6. Ambitious policies of development and Roads: 112,696 km, including 29,280 km of sectorial strategies national roads New policy to boost industrial revival, putting Airports: 35 airports, including 13 international forward activities such as: the mechanical, Railways: 2,150 km including 299 km electrified electrical, electronics, pharmaceutical Ports: 11 commercial ports, production, textile production 10. Incentives for investment Tourism: Tourism Development Master Plan; Important tax incentives, up to 10 years of Agriculture: agricultural and rural renewal exemption, depending on the location and size of Program the project. Energy: Program for renewable energies (solar, And other additional benefits: thermal and wind) for the production of 22 Partial or total reimbursement of expenses related 000MW by 2030. to infrastructure works within the framework of 7. Opportunities for financing through public derogatory scheme banks,investment funds & financial Reduction in employers' contribution to social institutions security for the recruitment of young job seekers 21 banks and financial establishments in Concession Land by mutual agreement Algeria; Discounts on the price of the rental fee on the land 3 727 billion dinars of credit to the economy and property acquired within the framework of the Availability of Leasing companies; realization of the investment Availability of investment funds:

CONCLUSION:
Algeria provides the highest opportunity to invest in the oil and gas industry being a member of OPEC
STATISTICS PROVING THE SAME Being the fourth largest crude oil producer in Africa and the 8th largest global producer of natural gas,Algeria has estimated proven gas reserves of around 4.0 trillion cubic metres (113 billion cubic feet), and a production capacity of 80 billion cubic metres per year Algeria is the third largest supplier of natural gas to Europe, after Russia and Norway For Oil and gas production,the Algerian workforce is relatively well trained and experienced since the launch of its oil industry back in 1958. Algeria's pipeline infrastructure at present is only functioning at 50% capacity this means there is an asset ready to be utilized