
50 Algerian companies ready to supply car factories
Negotiations on technology transfer and the establishment of joint projects. These are the African countries concerned with the first exports of automotive products. The Western Algerian subcontracting stock exchange revealed the existence of an industrial nucleus comprising about 50 companies ready to supply car factories in Algeria with spare parts and vehicle components, as part of an approach aimed at increasing local integration rates and strengthening value chains within the vehicle manufacturing sector. In this context, the stock exchange announced the programming of field visits during the upcoming June for foreign delegations and partners from Turkey, China, and South Korea to review the new production units, paving the way for signing partnerships and joint investments according to the advantages offered by the Algerian Agency for Promotion of Investment.










