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Industry: Holding companies urged to make development plans successful

ALGIERS-Minister of Industrial development and Investment promotion Amara Benyounes on Monday in Algiers called on holding companies' managers to put in efforts to insure success of their development plants implementation so as to boost national industry.

"You are the main actors in national economic companies' recovery," Benyounes told managers during a meeting aimed to assess holding companies' activity.

Benyounes, who stressed on "failure" of some partnerships in addition to the absence of trade strategies to market national products, recalled that State devoted more than DZD 9 billion to save these companies. Therefore, there is a need to achieve satisfying results.

Moreover, the same official called for working out "aggressive" national strategies likely to allow them marketing their products like those of the National Company of electronic industry (ENIE) which meet international standards.

Besides, Benyounes insisted on the importance of dialogue to foster a climate of trust in companies. 

APS, 17 March 2014


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