Development Plan includes spyder industries of national industries

It is the domestic manufacturing industry competitiveness, the Government in early June 1 to 35 billion, and the coin budget equivalent to approximately $2 billion, the most spyder Outlet Store enterprises purchase machinery and equipment, such as semi-finished products industry finance loan, the first wave against spyder and the furniture industry, to give a big incentive to raise the competitiveness of industries. Prime Minister presided over the industrial recycling operations that traditional domestic spyder industries face strong competition from abroad, and in recent years has been a sharp decline in manufacturing industry, resulting in dismisses employees and close factories of Domino.

With this in mind, the Government introduced 5 years Industry Development Plan includes spyder industries of national industries. These industries face intense competition from abroad spyder imports products that have been affected by domestic nearly 2 / 3 industrial production chain livelihoods; ministry of trade to be robbing the estimated 94.5 billion dinars to rolling domestic manufacturing. The Fund will contribute 30 per cent tax reimbursement, bank business integration support and has been back to Algeria to bank debt redemption; spyder has already made more than 23.9 billion dinars, investment plan for mechanical equipment replacement.

Secondly, to the popular spyder industry requires 7.4 billion dinars, wood-processing industry 5.4 billion dinars and leather industry 2.8 billion dinars, and financial assistance. The Ministry of Finance said that spyder enterprises need to purchase equipment, and enhancing the competitiveness of industries that are also applicable to this fund. As far as spyder industry is to create maximum employment opportunities within the industry, with state-owned agencies specializing in spyder production, including 25 in a relationship business enterprise; and the other downstream spyder Group employs more than 000 employees, 10,005 in the 25 per cent of production is the private enterprises are created.