Algerian Immigrants To Benefit From ANSEJ, LPP Projects

Prime Minister, Ahmed Ouyahia, announced the opening of Algerian banking branches abroad for the benefit of members of the national community to facilitate the transfer of funds, with the opening of the area of ​​subscription to the public housing program or what is known in Algeria as the LPP projects, for the Algerian immigrants who are residing abroad, after they were prevented from benefiting from any housing formulas that supported by the state since years.

MP Djamal Bouras said in a statement to Echorouk that the government approved new measures for the benefit of the Algerian community abroad at the beginning of the next year.

On the sidelines of the meeting which the Prime Minister that was held with representatives of the Algerian community in France, Ouyahia said: “Algeria External Bank will open branches in various countries, especially in France, in order to facilitate the transfer of funds, with the opening of the ​​subscription in the public housing program for the Algerian community, after they were prevented from benefiting from any form of housing that is supported by the state for years”.

With regard to investment, the government decided to abolish the application of the 49/51 investment rule for the community’s businessmen, as they can invest in Algeria, like Algerians, amid an appropriate investment climate.