CONDITIONS FOR THE USE OF ECONOMIC REAL ESTATE IN INVESTMENT PROJECTS UNDER THE PROVISIONS OF ALGERIAN LAW, 23/17 OF 15/11/2023

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ZERBANI MOHAMED MUSTAFA

Abstract

The study highlighted the importance of exploiting economic real estate and directing it towards investment in accordance with the legal provisions that have set the conditions for entering into this activity, as it is a fundamental pillar for the advancement of the economies of countries to keep pace with global economic developments and integration.


The study concluded that Law 23/17 is an appropriate legal mechanism for the exercise of investment in commercial real estate, whether for the national or foreign investor, as it provides the legal guarantees and the appropriate environment for investment. However, it is necessary to ensure the proper implementation of the law, provide the appropriate economic real estate for investment activities and encourage emerging institutions to invest.

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References

First: Legal texts

Decree 75/58 of 26/09/1975 containing the Civil Code

Law 23/17, of 15/11/2023, which establishes the conditions and modalities for the granting of economic property belonging to the private ownership of the State, intended for the realization of investment projects, Official Gazette No. 73/2023.

Decree 23/486 of 28.12.2002, which establishes the components of the economic property belonging to the private ownership of the State, intended for the realization of investment projects and eligible for concession, Official Gazette No. 85/2023.

Decree 23/487 of 28.12.2002, which establishes the conditions and modalities for the granting of concessions that may be converted into the transfer of economic property belonging to the private ownership of the State and intended for the realization of investment projects, Official Gazette No. 85/2023.

Second: Books

Ibrahim Madkour: Al-Mouajam Al-Wajeez, Arabic Language Academy, p. 424, without date and place of printing.

Saadi Abu Jaib: The Jurisprudential Dictionary in Language and Terminology, Dar Al-Fikr, 2nd edition, 1408 AH/1988 AD, Syria.

Mohamed Mustafa Zerbani: An Introduction to the Study of Political Economy, Dar Basma ‘Ilmiyya, 2024 edition, Algeria.