The Foreign Economic Relations Board of Türkiye (DEIK) organized the Türkiye–Algeria Business Forum in Ankara on 7 May 2026 on the occasion of Algerian President Abdelmadjid Tebboune's visit to Türkiye. The forum brought together nearly 500 business representatives from both countries, with the participation of Turkish Minister of Trade Prof. Dr. Omer Bolat, Algerian Minister of Foreign Trade and Export Promotion Kamel Rezig, Algerian Investment Promotion Agency Director General Omar Rekkache, DEIK President Nail Olpak, DEIK/Türkiye–Algeria Business Council Chairperson Muhammet Mesut Toprak, and Algerian Economic Renewal Council Vice President Reda Hechelaf. During the forum, several memorandum of understanding were signed between institutions and companies, including agreements between "DEIK and the Algerian Economic Renewal Council (CREA)," "MY Silo and AGROMAVI," "Optimum Süreç Tasarım ve Uygulamaları A.Ş and SOPI," "KLE Information Technologies and Exwor," and "Sarl LYC and Condor."

Bolat: "Turkish Investors Are Ready for Renewable and Solar Energy Projects"

Turkish Minister of Trade Ömer Bolat stated that the Polypropylene (PP) Production Facility and Terminal Project underway in Ceyhan, Adana, would contribute significantly to Türkiye's petrochemical production and would become one of the most important investments between Türkiye and Algeria. Bolat noted that negotiations on the preferential trade agreement, ongoing for two years, are expected to conclude by the end of the year, while talks on an investment promotion and protection agreement are also continuing. He emphasized that Algeria is Türkiye's third-largest trade partner in Africa and the seventh-largest globally in terms of contracting investments. Highlighting that Turkish investments in Algeria amount to approximately USD 8 billion and bilateral trade reached USD 5.6 billion last year, Bolat stated: "The leaders of both countries have set us a target of reaching a bilateral trade volume of USD 10 billion, and we believe there will be a significant upward momentum in trade this year."

Bolat stressed that Algeria has strong consumption power and an attractive investment climate. He also noted that Ziraat Bank's operations in Algeria serve as an important bridge between the business communities of the two countries. Pointing out that Türkiye prioritizes friendly and brotherly countries in strengthening economic integration, Bolat said Turkish investors are active in Algeria across sectors such as iron and steel, chemicals, cleaning products, and textiles. He added that these investors are also prepared to participate in renewable and solar energy projects in the coming period. Bolat underlined the success of Turkish contractors in Algeria's infrastructure and superstructure public projects, revealing that Turkish companies have completed 687 projects worth USD 24 billion in the country.

Rezig: "Türkiye Is a Reliable Economic Partner for Algeria"

Algerian Minister of Foreign Trade and Export Promotion Kamel Rezig stated that Algeria seeks to strengthen cooperation with Türkiye both bilaterally and internationally. He described Türkiye as a reliable economic partner and emphasized the possibility of building a strategic and comprehensive partnership through expanded cooperation. Rezig highlighted the advanced level of relations between the two countries and the goal of achieving a complementary trade partnership. He stressed the need to diversify cooperation and integrate production and economic systems. More than 200 Algerian businesspeople attended the forum, and Rezig called for turning opportunities into concrete projects. He particularly emphasized cooperation in industry, agriculture, mining, and infrastructure as priority areas. "The people of our two countries are brotherly peoples," he said.

Olpak: "We Expect the Conclusion of Preferential Trade Agreement Negotiations"

DEIK President Nail Olpak pointed out that Algeria's Sahara region possesses one of Africa's largest potentials for solar energy and green hydrogen. He noted that cooperation could be developed in manufacturing, banking, and strengthening the private sector. Olpak stated that the business community is awaiting the conclusion of the preferential trade agreement negotiations. He emphasized the importance of Ziraat Bank's presence in Algeria and underlined that the business world expects solutions regarding letters of guarantee and project financing. He also mentioned that easier long-term business visa procedures and a social security agreement covering employees in both countries are among the expectations of the business community.

Rekkache: "Algeria Has Significant Potential"

Algerian Investment Promotion Agency Director General Omar Rekkache stated that Algeria pursues a vision encouraging productive and inclusive investment while supporting industrial and agricultural production and innovation. He emphasized Algeria's vast investment potential and promising future. Rekkache described Algeria as a bridge between Africa and Europe and highlighted the country's strong potential in natural resources, agriculture, and mining. He added that more than 300,000 young people graduate from universities annually, providing a qualified workforce. According to Rekkache, sectors such as renewable energy, agriculture and food, industry, tourism, and healthcare present important opportunities. He also shared that more than 30 Turkish investment projects have been launched in the last three years.

Toprak: "These Achievements Show the Deepening of Economic Relations"

DEIK/Türkiye–Algeria Business Council Chairperson Muhammet Mesut Toprak stated that Turkish companies have undertaken significant projects in Algeria in strategic sectors such as infrastructure, energy, construction, agriculture, and industry. He noted that 30 major Turkish contractor firms are currently active in the country. Referring to growing cooperation in strategic sectors such as seed production, Toprak said: "The participation of Turkish companies in the automotive supplier industry contributing to localization, along with achievements in energy and infrastructure projects, clearly demonstrates the deepening economic relations between our two countries."

Hechelaf: "A Joint Industrial Platform Can Strengthen Common Production"

Algerian Economic Renewal Council Vice President Reda Hechelaf highlighted the strategic importance of both countries' positions in energy and other trade corridors. He noted that Algeria and Türkiye are located in a region where they share common interests. Hechelaf emphasized the importance of the memorandum of understanding signed between CREA and DEIK and expressed confidence in Turkish partners. He also stated that a regional platform could be established to facilitate exports to neighboring countries. According to Hechelaf, Türkiye's strategic location close to Europe and Africa is highly valuable for Algeria's economic diversification efforts. He added that Turkish investments in Algeria exceed USD 6 billion and that a joint industrial platform could strengthen shared production capabilities.

The sponsors of the Business Forum were Tosyalı Algerie and Dekinsan Group.

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