DESTINATION ALGERIA - SUCCESS STORIES AND FUTURE OPPORTUNITIES FOR FINNISH COMPANIES
Time: Wednesday 18th January 2023, from 13:00 to 15:00 hours (Finnish Time)
Venue: Webinar (TEAMS)
Registration: Free of charge but needs registration at latest on the 16th of January 2023
Algeria offers many business possibilities for Finnish companies in circular economy, renewable energy, water management, forestry management, cybersecurity, and new technologies as well as in many traditional industrial sectors and the construction field.
Algeria is the biggest economy in the Maghreb Region of North Africa. It is the world’s 17th biggest oil producer and exporter. It has the world´s 10th biggest known natural gas reserves as well as large reserves of different minerals such as iron, phosphates, gold, zinc, which have not yet been exploited. Algeria has practically no foreign debt and the country´s foreign exchange reserves are currently 53 billion USD.
Newcomers might face some challenges in the developing Algerian market. There are, however, many business opportunities to be found. Finnish and other Nordic companies have equal chances to succeed in Algeria and receive EU finance to develop their projects as the companies of the Mediterranean countries. Algeria has trade agreements with the EU allowing much more beneficial trading conditions than for instance agreements signed by the EU and the Asian countries.
Success stories of Finnish companies and introduction of the new Investment Law will be presented at the webinar.
13.00 Opening of the Webinar
Mr. Jukka Sihvo, Chairman of the Finnish-Algerian Business Council and Managing Director of Finalgo Partners Oy and moderator of the event
13.05 Welcoming words
Ms. Anne Hatanpää, Secretary General, Africa Business Network of the Finland Chamber of Commerce
13.10 Opening words
H.E. Mr. Djamel Moktefi, Ambassador of Algeria to Finland
H.E. Ms. Marja Joenusva, Ambassador of Finland to Algeria
13.20 Finnish Companies – Success Stories in Algeria
– Sampo Rosenlew Oy, Mr. Jussi Malmi, Managing Director
– Finalgo Partners Oy, Mr. Jukka Sihvo, Managing Director
– Company case (tbc)
Mr. Yazid Taalba, Managing Director
14.30 New Algerian Investment Law
Mr. Salim Azzouz, Managing Director, Azzouz Audit & Tax Firm (Commissaires aux Comptes – Expert Judiciaire)
15.00 End of the event