The Investment Law and Its Role in Promoting the National Economy (A Study in Light of the New Investment Law No. 22--18)

This research aims to highlight the importance of investment as a key factor reflecting the applications of economic development and embodying its most important features.The Algerian legislature has enacted investment laws since the promulgation of the 1963 Law in 1993, followed by a series of legal texts in this field, culminating in Laws 22--18 on investment.This latest law introduced financial and institutional incentives and facilities aimed at opening the way for investors and encouraging them to enter the realm of investment.In conclusion, the study arrived at several findings, the most notable being that, despite all the incentives and facilities that have generated considerable benefits in the investment sector, the field still suffers from specific legislative gaps.These shortcomings necessitate a re-examination and adjustment of some of its provisions to establish a comprehensive and balanced investment environment.