The Legal Regime of Thermal Investment in Algerian Legislation

Abstract

This study examines the legal regime governing thermal investment in Algeria and its oscillation between the protection of groundwater resources as a sovereign public property and the promotion of private investment through administrative concession contracts. The significance of this study lies in highlighting the thermal tourism sector in Algeria as a promising strategic pillar for economic diversification and the achievement of local development beyond the hydrocarbons sector.
The study primarily aims to identify and examine the regulatory frameworks and legal mechanisms governing this activity, while assessing the adequacy and effectiveness of the legislative system in reconciling the protection of groundwater resources as a sovereign public property of the State with the encouragement of private investment capital through the regulation of the administrative concession contract and the conditions governing its granting and termination.