Jindal SAW plans steel pipe production investment in Algeria
Indian steel pipe producer Jindal SAW Ltd has expressed interest in launching a steel pipe production project in Algeria, accordingto the Algerian Investment Promotion Agency (AAPI).
A high-level delegation from Jindal SAW, led by the company's chairman Prithavi Raj Jinda, met with AAPI director general OmarRekkache at the agency's headquarters to present the planned investment. India's ambassador to Algeria Swati Vjay Kulkarni andseveral company officials also attended the meeting.
The project involves the construction of an industrial complex for the production of steel pipes of various diameters anddimensions. The investment is expected to support Algeria's domestic market needs and strengthen processing industries serving
the energy, water resources and infrastructure sectors.
During the meeting. the parties also discussed Algeria's investment climate, project implementation procedures, and the incentivesprovided under the country's investment framework.
From: Steel Orbis
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