British companies to participate at the next Economic Mission in Algeria

British companies express desire to participate in the economic mission to Algeria, Rezzak Osmani, Head of the Algerian-British Businessmen Council (ABC), who oversees the organization of the economic mission said.

“British companies representing a large number of economic activities express interest and will participate in the economic mission to Algeria to be held from 16 to 19 April, 2011”, he added.

 “Companies like Commonwealth Business School, Idixil, BM, Icom International and Vaskin active in the sectors of renewable energies, food industry, banking, insurance and education. The main objective is to establish direct contact between heads of institutions for both countries in order to encourage establishment of mixed companies.”

 “ABC” is a new organization aiming to develop Algeria-British exchanges and include British companies in Algeria to work closely with OKTA, a public body charged with upgrading trade and investment.

 ABC plans to organize a symposium on May in London on business opportunities in Algeria and how to establish business in this country.

 “Interest is growing and participation in this event is large in cooperation with the British Chamber of Commerce. It is about giving the best image of Algeria and providing business opportunities to British companies in various sectors. There is a growing interest of British businessmen in Algerian market in recent years”.

With an agreement already signed in management and negotiations at an “advanced” stage for the creation of other joint ventures, the British economic mission to Algeria in late January was “a clear success,” project manager of the Middle East Association Tom Cook said.

“The MEA provides a positive assessment of this trip to Algeria marked by many positive aspects, including the direct contact between British and Algerian businessmen,” he added. The fruitful discussions between the two parties allowed, during this meeting, the signing of a partnership between the British company “London Corporate Training (LCT) and the national private company Beladjina in management and training.