Algeria to reduce taxes on mineral water production

Algerian water minister Abdelmalek Sellal Thursday said mineral water prices may go down due to competition.

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• The minister added that many local corporations started exporting large quantities of mineral water to the Arab Gulf countries.
• “Producers believe that high taxes are behind the increase in mineral water prices,” he told Echorouk.
• According to him, foreign investment in mineral and sources water would lead to reduce prices.
• Mineral water investments of Danone and Nestle in Algeria have provided a positive competition atmosphere with “more control” on this field as well as respect of international standards.
• Speaking on rains water, the Algerian minister said there were average quantities of rain water this year due to a recorded lack between February and April. That reduced the level of water storage to 50.30 percent. “It will be enough for a normal year for summer and the end of the year and even the beginning of next year.”
• Sellal said Algeria’s southern groundwater reached 700,000 square kilometres out of 1 million square kilometres between Algeria, Libya and Tunisia.
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