With the new financing, 60 climate-smart villages are set to be established across 30 municipalities, providing demonstration hubs where farmers can access improved seeds.
The national program targets 1 million hectares of irrigated cereals by 2030
The Singapore-based agribusiness said the award affirms its long-term strategy of building integrated value chains that support farmers.
Overall, the announced budget represents a 4% increase compared to the allocation in the 2025 Finance Bill.
Algeria is the second-largest importer of food in Africa after Egypt, and its dependence has deepened amid years of drought that have crippled agricultural productivity.