FINANCIAL STUDY OF AN INVESTMENT PROJECT IN ALGERIA: CREATION OF A COMPANY WITHIN THE FRAMEWORK OF THE NATIONAL FUNDSUPPORT FOR YOUTH EMPLOYMENT (FNSEJ)

Lyes Ouabdesselam

doi:10.29121/granthaalayah.v5.i5.2017.1832

Abstract

This article proposes a financial study of a project to create a commercial enterprise through the scheme proposed by the National Agency for Youth Employment Support (ANSEJ). The company is a testing and analysis laboratory. In this study we have prepared a complete financial package and we have budgeted this project over the entire amortization period of the investment credit in accordance with the timetable set by the support system for young entrepreneurs to set up a business in Algeria. This work provides factual information to young entrepreneurs to assist them in making decisions about the implementation of similar projects.

Highlights

Thanks to favorable economic conditions in Algeria following the surge in hydrocarbon prices between 2001 and 2015, the State was able to adopt a policy of economic recovery and support for growth, especially for the promotion of SMEs / SMIs, Central actor in any economy [1]
We summarize the cost of the project in All taxes included (TTC) in the financial package in the following
We see that the state has made progress in improving the business climate and is working on a long-term strategy to transform the country's growth model in order to promote private sector activity and diversification of the economy placing the center of its strategy

Summary

Introduction

Thanks to favorable economic conditions in Algeria following the surge in hydrocarbon prices between 2001 and 2015, the State was able to adopt a policy of economic recovery and support for growth, especially for the promotion of SMEs / SMIs , Central actor in any economy [1] This policy had different objectives, in particular the safeguarding, strengthening and modernization of SMEs and encouraging the creation of new businesses. In the context of the liberalization of the world economy, programs to promote and make the economic fabric competitive have become a priority To this end, the public authorities have put in place a strategy to support companies whose objective is to help them in their modernization and competitiveness efforts.

Material and Methods of Calculation

Financial study

Project financing structure

Bank Credit

Findings

Discussions & Conclusion