The Stages of Establishing Investment Freedom in Algerian Legislation

Foreign investment is one of the most significant concerns for countries worldwide, whether developed or developing, as it serves as the primary driver of economic growth. Like other nations, Algeria has sought to attract as many foreign investments as possible by adopting a legislative policy that ensures adequate protection for foreign investors. This is reflected in the country’s legal framework, which recognizes a set of principles guiding foreign investors in making investment decisions in a particular country. Among the most prominent of these principles is the principle of investment freedom, which serves as a foundation for other principles that guarantee investor protection. However, what distinguishes this principle within Algerian legislation is that it has gone through two contrasting phases: marginalization and recognition.