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ESE Intec, an American company specializing in aquaculture solutions, has set its sights on Algeria. This decision not only marks a milestone in ESE Intec’s global expansion, but also holds the promise of ushering in transformative changes within the Algerian aquaculture sector.
A Strategic Alliance
At the heart of this paradigm shift lies a USD 8 million partnership agreement between Aqua Continentale, a leading Algerian player in aquaculture, and ESE Intec. This collaboration is geared towards bolstering and modernizing the aquaculture landscape in Algeria, with a strong emphasis on engineering, equipment supply, and facility construction for aquafeed production.
With Aqua Continentale’s expertise in shrimp farming and aquafeed production combined with ESE Intec’s comprehensive solutions, the stage is set for a significant transformation. The overarching goal is to achieve self-sufficiency in aquaculture and position Algeria as a key exporter of aquaculture products, thereby reducing dependence on imports and elevating its stature in the African aquaculture arena.
Praise from American Ambassador
The commendations for this ambitious endeavor are not confined to the shores of Algeria alone. American Ambassador to Algeria, Elizabeth Aubin, lauds the partnership as a testament to profitable commercial cooperation between the two nations. She envisions this collaboration as a catalyst for economic growth and diversification of Algerian exports.