Algerian-Japanese committee to discuss business

The bilateral committee of Algerian-Japanese enterprises is expected to hold its sixth session Monday in Algiers to improve bilateral economic relations in sectors out of hydrocarbons, Algeria News Agency (APS) reported.

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• The session untitled ‘New dynamics for diversified partnership’ will be co-organized by the Algerian Forum of Companies Leaders and Japan’s Federation of Economic Organisations (Keidanren), said APS.
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• An important delegation of Japanese businessmen will attend the meeting co-headed by the president of the Forum of Companies Leaders Reda Hamiani and CEO of Japanese engineering and construction company JGC Yoshihiro Shigehisa.
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• Talks will focus on the “evolution of economic situation and business environment in Algeria.”
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• Participants are also expected to explore perspectives to extend the Algerian-Japanese partnership in fields out of hydrocarbons.
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• “The 6th session of the Committee will also be an opportunity to announce the launch of JGC’s Algerian branch,” said APS.
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• “JGC considers extending its cooperation field and investing in power plants, water desalination factory and other sectors.”
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• JGC also wants to make Algeria a “pressure point for its global re-deployment and exporting its services to Africa.”
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• Figures from Algerian customs show that Japan was the seven largest providers in Algeria in 2007 with $1 billion exports up by nearly 50 percent compared to 2006.