Algeria: American Agribusiness Forms Joint Venture

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Algiers   |   (011-213-770) 08-2111

The American International Agricultural Group and the Groupe Lacheb signed a joint venture (JV) agreement on November 8, 2015, to create the U.S.-Algeria JV, El Ferma. The U.S. role in the JV is to provide advanced agricultural technologies needed to establish and operate integrated U.S. production models in Algeria. The JV is valued at $100 million.

Algeria: American Agribusiness Forms Joint Venture

Exporting, Regulations & Requirements
Algeria, Near East

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