Qatar to build Iron and Steel complex in Algeria

Qatar and Algeria on Thursday signed a partnership agreement for the construction of an iron and steel complex in Bellara, Jijel, 359km east of Algiers, between Algerian company Sider and Qatar Steel International.The $2bn project is expected to be completed in three years.

The agreement was signed by Qatar Steel International chairman Ali Hassan al-Meraikhi in the presence of Foreign Minister HE Dr Khalid bin Mohamed al-Attiyah, Minister of Energy and Industry HE Dr Mohamed bin Saleh al-Sada, Minister of State and CEO of Qatar Holding HE Ahmed bin Mohamed al-Sayed, Qatar’s Ambassador Ibrahim al-Sahlawi and a number of officials.

News Source: Caye Global News, Photo Credits: Gulf Times

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