ALGIERS, Algeria, April 26 (UPI) -- Germany is to invest $2.49 billion in the Algerian energy sector, Algerian radio reported Wednesday.
Guenter Gloser, minister-delegate at the German Foreign Ministry, spoke of the attempts forged by the two countries to develop bilateral relations that would then enable them to cooperate across a breadth of fields.
Although the two countries are aiming for a diversified partnership that will see them cooperating in all spheres, Gloser encouraged those in positions of responsibility to forge transnational relationships in the fields of energy, scientific research and technology.
Following talks with a range of Algerian officials, Gloser told Algeria's Radio 1: "We shall form a synopsis of the results of the talks I have had in Algeria to help us in Germany know in which field to get involved. Will it be in the industrial sphere or the enterprises?
"Naturally, Algeria is free to choose it partner. Allow me to say that I have personally felt Algeria's desire to develop its relations with Germany and my duty in this context is to promote Algeria in Germany."
Germany, Gloser said, planned to invest $2.49 billion in Algeria's energy sector by 2012, although he gave no further details of the nature of the projects that would benefit.
