Local DevelopmentNews

Field Visit to Monitor the Progress of Structuring Investment Projects

M’sila/ As part of the monitoring of structuring investment projects in the Wilaya of M’Sila, Mr. Nadjm Eddine Tayar, Wali of M’Sila, conducted a field visit on Sunday, November 8, 2026, to a number of structuring investment projects, in the presence of the following officials: the Director of Industry, the Director of Public Works, the Director of Energy, the Director of Water Resources, the Director of the Decentralized One-Stop Shop of the Algerian Investment Promotion Agency, the Director of the Electricity and Gas Distribution Company in M’Sila, the Director of the Electricity Transmission and System Operator Company, and the Chinese investor.

This visit forms part of the ongoing efforts to monitor investment projects, overcome the obstacles hindering their implementation, and provide support until they become operational. These projects include:

The Chinese Company “JINGDONG STEEL” Factory

The Chinese company “JINGDONG STEEL” was granted an economic land plot under a concession agreement for the construction of an iron and steel production plant in Algeria. The project covers an area of 36 hectares at the location known as “Draa El Hadja” in the Wilaya of M’Sila, with a total annual production capacity estimated at 500,000 tonnes of steel sheets and steel pipes of various types.

The project is being implemented in two phases, within the established deadlines, with construction works currently underway.

The first phase involves the establishment of a steel sheet production line with an annual capacity of 200,000 tonnes. The second phase will consist of developing a steel pipe manufacturing unit with an annual production capacity of 300,000 tonnes.

This project will serve as a major industrial hub for steel and pipes used in the construction sector in North Africa. It is expected to create 1,114 direct jobs and 2,000 indirect jobs, while ensuring the transfer of technology and expertise in this field through the establishment of a training center specializing in iron and steel-related professions.

With an estimated investment value of USD 500 million, the project will rely on locally produced raw materials for 80% of its needs. Half of the factory’s output will be allocated to the domestic market, while the remaining 50% will be exported to international markets.

During his meeting with the company’s officials, the Wali reaffirmed the State’s commitment to providing support and all necessary facilities to ensure that the factory becomes operational. He emphasized the importance of creating employment opportunities, meeting citizens’ needs, boosting production, and contributing to the momentum of the national economy.

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