Meanwhile,
Launch algerian-chinese tire factory $:
Algeria aims to become a large tire producer. Furthermore, Through four projects in progress, the country will reach a capacity of 20 million units per year at first.
The announcement was made this Sunday. For example, July 20 by the director of the Algerian Investment Promotion Agency (AAPI), Omar Rekache, on the sidelines of the first stone installation ceremony of a Kumho type tire plant in Tafraoui (Oran). In addition, The factory is the fruit of a partnership between the Algerian private group Sihli (Hadj Larbi Industrie). the Chinese giant Doubletar.
Established on an area of 16.4 hectares in the industrial zone of Tafraoui in the wilaya of Oran. the future factory, whose investment cost amounts to 54 billion dinars ($ 415 million), will enter into production in 2026 with an initial annual capacity of 7 million Kumho launch algerian-chinese tire factory $ tires for heavy and light vehicles, specifies the Algerian agency (AAPI).
Tire production in Algeria: four projects being concretized – Launch algerian-chinese tire factory $
According to the same source. 10 % of production will be used to meet the needs of the internal market and 90 % will be intended for export, thanks in particular to the global network of the Chinese partner. In addition to its economic importance, the project also has a large social scope, with the creation of 2,000 direct jobs.
Algeria will move from the status of importer of tires to that of exporter. announced the director general of the AAPI, Omar Rekache, during the ceremony also assisted by the president of the Council of the Algerian Economic Renewal (CREA), Kamel Moula.
In addition to this factory. three other tire production projects are registered at the AAPI level and are being concretized, revealed Rekache, citing the extension of an existing factory launch algerian-chinese tire factory $ in Sétif and the opening of two others in Touggourt and Aïn M’lila. With these four projects. Algeria will guarantee an annual production capacity of 20 million tires for light and heavy vehicles and even for planes, he said. These factories will help enhance the integration rate of the emerging automotive industry by integrating the national fabric of subcontracting.
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