Abdelhakim Berrah, the president of Algerian stock market watchdog (Cosob)p, , has explained that the Tebessa, Chlef and Ain Kebira (Sétif) cement plants were chosen to be floated on the stock exchange due to their strong performance.
The Oued Sly (Chlef) plant has the largest production capacity of all plants in the country. In addition to this, all the plants are all entirely state-owned.
Between 2005 and 2008, the state opted to open up the capital of certain public cement plants to foreign investors, and as such,