08/11/2006
The East-West Motorway, which will link Annaba to Tlemcen by 2009, should have a dramatic impact on Algeria's economy, the British Oxford Business Group said Tuesday (November 7th). The new road should stimulate the setting up of companies away from Algiers and extend economic activities in a more balanced manner. The Oxford Business Group quoted Olivier Durand, country director at the Transport and Packaging Company, a subsidiary of German company IPSEN, as saying "the new motorway will increase productivity, allow big savings in time and effort and will be a fantastic asset to the Algerian economy".
In Algeria, 85% of commercial exchanges are made by road. A total of 19 of Algeria's regions will be connected by this motorway.
The new project is part of the government's $60 billion national economic development programme for 2005-2009. (Le Jeune Independant, L'Expression, Oxford Business Group)