Economic analyst: Garal Jabilal will turn Algeria into the world’s top exporters for iron – New Algeria

Economist Jamal Al -Din Nofal, a Shinaf, emphasizes the tremendous economic importance“Gaejilal” mine Looking at the enormous economic advantages and capabilities that will enable it to be converted Algeria From a country imported to the world’s top exporters of iron.

The spokesman says in a statement to “elhiwar us” that “this project represents a very economic resource and was its exploitation. By a sovereign decision of the Republic, it is included in the economic narration of Algeria, and it allowed the opening of 7000 direct jobs. It is expected that its production capacity will reach 50 million tons annually in the range Mining resources Where Algeria is working to establish transfer factories in order to exploit the raw material and achieve added value to the economy and not export it in its raw form, and this will help reduce invoice To a refuge in this article and go towards export, taking into account that the major investment projects that were launched by the state need this raw material and this to achieve high integration rates of the local product.

In the same context, the spokesman notes that “Garb Jabilal is one of the clouds that will contribute to increasing the polarization of direct external investment. Free exchange areas”.

Fouad s