Proximity Foreign Direct Investments (FDI) provided by members of the Mediterranean diaspora in Europe are one of the key orientations for the development of Euro- Mediterranean cooperation. Taking the case of Algeria, out of its 5 million expatriates, 2 million could potentially position themselves on this niche, and, as such, bring productive investment into the country and promote projects likely to create jobs as well as generate transfer of know-how. Proximity FDI could thus appear as a resort in crisis times: the members of the diaspora are indeed able to quickly identify and activate efficient local networks and partners.

Nine months of work alongside business leaders from the Algerian diaspora living in France, and senior representatives of the Algerian government and the private sector, have demonstrated the job creation potential the diaspora has, and have highlighted the orientations to be followed for a better support to investment projects proposed by these entrepreneurs.
Contact: Tahar Rahmani, info@agenceacim.com