| INSTITUTIONS IN CHARGE OF INVESTMENT |
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There are three national organizations responsible for investment guidance and policy. The first is the National Agency for Investment Development (ANDI) (http://www.andi/dz). It is responsible for facilitating investments, granting fiscal and Para-fiscal exemptions, conferring investment advantages, and helping investors receive special authorizations for unique investments. ANDI has a network of regional offices throughout Algeria to assist investors. The second organization is the National Investment Council (CNI), which was created to strengthen the legal and regulatory investment framework. The CNI is charged of defining investment strategies and priorities, approving special investment incentives by sector, and giving final authorization to special investment schemes. The third organization is the Ministry for Industry and Promotion of Investment (MIPI) (http://www.mipi.dz/). It maintains two distinct offices, one for investment policy and the other for promotion of privatization. The MPPI is coordinating the on-going privatization of state-owned companies, organized by sector into groupings managed by "participation management companies" (societes de gestion de participation). The government has augmented its efforts on large-scale privatizations in order to remove itself from supporting loss-making enterprises. |



