ABSTRACT
This chapter shows the evolution of investment as a means of explaining the technological transformations which occurred in Algeria between 1962 and 1984. These investments have been essentially carried out through massive imports of equipment and experts. The production of equipment for agriculture, transportation, construction and public works has been planned, as mentioned, from the beginning of massive industrialization. All other equipment is mainly used in non-industrial activities, which confirms our analysis of investment structure in the sector. It is worth making a few remarks concerning the producer goods policy pursued by Algeria. The remark is that the producer goods industry has undeniably not received all of the attention required and that, in the present situation, the Algerian development process in all its aspects remains almost totally reliant on imports of producer goods. The second remark is that the forms of industrial investment implementation have hindered the launching of some equipment production projects.
