Protecting investor rights in the post-concession phase: A look at the role of the Algerian Investment Promotion Agency

Abstract

This study examines the legal protection of investors’ rights in the post-concession phase, through an analysis of the legislative framework established by the Algerian Investment Law No. 18/22, and an assessment of the substantive and procedural safeguards granted during the implementation of investment projects. Particular emphasis is placed on the newly established role of the Algerian Investment Promotion Agency as a central institutional actor entrusted with accompanying investors, monitoring the fulfilment of their obligations, addressing administrative obstacles, and preventing investment-related disputes. The study aims to evaluate the effectiveness of the adopted legal and institutional framework in ensuring * املؤلف املراسل. محاية حقوق املستثمر يف مرحلة ما بعد منح االمتياز:كالة اجلزائرية لرتقية االستثمارقراءة يف دور الو/حممودي مساح، مدور رفيق اجمللد11/العـــدد:01(2026) 692 genuine and sustainable protection for investors, extending beyond the theoretical scope of statutory provisions to their practical application. The study concludes that the Algerian legislator has adopted an integrated approach linking substantive legal guarantees—such as legislative stability, freedom of capital and profit transfers, and protection of investment property—with procedural safeguards, including the simplification and digitalization of administrative procedures and the availability of review and appeal mechanisms. Within this framework, a pivotal role is assigned to the Algerian Investment Promotion Agency in strengthening legal certainty and preventing disputes before their escalation. Nevertheless, the effectiveness of this system remains contingent upon effective coordination among the relevant authorities, continuous modernization of administrative mechanisms, and the consolidation of an institutional culture of investor support, thereby enhancing investor confidence and promoting a stable investment climate.

This study examines the legal protection of investors’ rights in the post-concession phase, through an analysis of the legislative framework established by the Algerian Investment Law No. 18/22, and an assessment of the substantive and procedural safeguards granted during the implementation of investment projects. Particular emphasis is placed on the newly established role of the Algerian Investment Promotion Agency as a central institutional actor entrusted with accompanying investors, monitoring the fulfilment of their obligations, addressing administrative obstacles, and preventing investment-related disputes. The study aims to evaluate the effectiveness of the adopted legal and institutional framework in ensuring