Digitization as a mechanism to promote investment according to law 22-18

Abstract

In its effort to improve the business climate in Algeria, the Algerian legislator introduced mechanisms for digitization in Law 22-18 related to investment, which aims to facilitate procedures for managing the investment process and achieve transparency and equality in benefiting from benefits, incentives, and economic real estate. Digitization also seeks to combat all manifestations of deviation. And administrative corruption, which has always obstructed real investment, which is what the digital platform for investors seeks to achieve, which is supervised by the Algerian Investment Promotion Agency, which the legislator has made the investor’s sole addressee.

In order for the digitization process in the investment sector to be completed and its objectives to be fully achieved, all sectors involved in the investment process must be digitized and interconnected. Appropriate infrastructure must also be provided and the issuance of the digitization law must be expedited.