The Algerian Chamber of Commerce and Industry (CACI) CEO, Mohamed Chami, announced Monday in Algiers that the Algerian party wanted to take advantage of German industry technology and evolution in the industrialization process of the country.

"Equipment exported by Germany is of a high technology, reliable and sustainable, so we hope that the country's industrialization will be done with this kind of machines and that our factories will be equipped with such equipment through our local operators and their German counterparts, "said Chami in the sidelines of an Algerian-German business forum.

Due to its strong internal demand in equipment and its growth rate, Algeria attracts more German operators willing to contribute to the economic programs launched by Algeria in particular equipment and industry, has also stated this director at the meeting that brought together some fifty operators, including 20 Germans.

​For M. Chami, the sought bilateral partnership should facilitate the transfer of technology to benefit the Algerian industry.

 For his part, the secretary general of the Arab-German Chamber of Commerce and Industry, Abdulaziz Al Mikhalfi, considered that the German operators wanted to contribute to the development of the Algerian industry and seize its market opportunities in the context of partnerships with public or private companies.

He pointed out that the purpose of this forum is to expand the activities of German companies operating in Algeria and bring back other companies while encouraging long-term partnership in the industry, services, logistics, health and renewable energy.

Over 200 German companies have premises in Algeria.

As a reminder, during the 5th Algerian-German economic meeting held last April in Berlin, the two parties had welcomed the partnerships between operators in the two countries especially in the engineering industry, given the projects realization of factories particularly that of Rouiba and Constantine.

In 2014, Germany was the fifth largest supplier of Algeria which had imported $ 3.7 billion of German products, particularly industrial equipment and non-food consumer goods (+ 31.6%).

For its part, Algeria exported to Germany more than $363 million of products, including hydrocarbons.