No. 17

24 April 2000


Algeria Plans To Privatize 48 Mines Starting In July

The Algerian Government plans to sell 48 mines to the private sector through open investment bids that started 16 April and will end 15 July, according to Minister of Energy and Mines Chakib Khelil, speaking at a news conference on April 10. The offering of the 48 mines, located in northern Algeria, is open only to Algerian nationals by law. However, the government plans to introduce new amendments to the...