The CCC risk rating is impacted by the Sovereign Probability of Default (ability and willingness to honour financial obligations), political risks, and other mitigating or worsening factors.
Business environment in Algeria
Canada has a well established trade relationship with Algeria. Opportunities exist in the public sector for large and experienced Canadian exporters in the infrastructure and oil & gas sectors, given the ambitious infrastructure spending plan announced for 2010-2015 by the Algerian government. Most foreign enterprises active in the country have service contracts with the public sector enterprises. There is limited scope for foreign investment and foreign financing due to the regulatory environment. Bureaucratic delays caused by a highly centralized administrative culture are common. The private sector remains relatively small, although the food processing and consumer goods sectors have seen significant growth. Localized political violence and occasional socio-economic protests remain of concern in some areas of the country.
Construction & Infrastructure
Oil and Gas
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