Algerian President Abdelmadjid Tebboune announced that China will invest $36 billion in various sectors in Algeria, including industry, modern technology, knowledge economy, transportation, and agriculture.
On Thursday, Tebboune emphasized that the projects and agreements signed with China are vast and will bring mutual benefits to both countries.
The visit has opened up numerous investment opportunities between the two friendly nations, and Algeria aims to elevate its economic relations with China to the level of their historical and amicable political ties.
The Algerian president further highlighted Algeria’s positive relations with other countries, including Turkey, Russia, Qatar, and friendly European nations like Italy and Portugal.
