Arab Today, arab today algeria prepares for renault factory
Last Updated : GMT 19:15:09
Arab Today, arab today
Arab Today, arab today

150000 cars per year target

Algeria prepares for Renault factory

Arab Today, arab today

Arab Today, arab today Algeria prepares for Renault factory

A joint venture with Renault
Algiers – Hocine Bousaleh

A joint venture with Renault Algiers – Hocine Bousaleh Algerian Minister of Industry Mohammed bin Moradi, stated his intention for a joint venture with Renault to prepare for the opening of a car factory in Algeria mid-September. He made the announcement at the opening of the autumn session .of National People\'s Assembly on Monday Bin Moradi told reporters, “the committee in charge of the matter will meet on Monday to complete the agreement, and .\"to establish a joint venture mid-September The minister added that the Algerian capital \"will be distributed between the National Company for industrial vehicles and the National Fund for Investment. The Algerian partners will receive 51 percent and Renault will receive 49 percent.\" Manufacturing is expected during the fourteen months that follows the establishment of the joint venture and not during the eighteen months that follows, as was initially expected. \" The agreement said the factory \"will produce 75,000 cars per year, before gradually reaching 150,000 cars. Some of them will be exported.\" The Agreement to establish the factory was signed on May 25, after fifteen months of negotiations.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today algeria prepares for renault factory Arab Today, arab today algeria prepares for renault factory

 



Arab Today, arab today
Arab Today, arab today Reveals his participation in "Fashion Star" TV show

GMT 12:49 2017 Wednesday ,01 March

Reveals his participation in "Fashion Star" TV show
Arab Today, arab today Tabarka beauty between sea, mountain

GMT 06:37 2017 Wednesday ,01 March

Tabarka beauty between sea, mountain
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Russia, China veto UN resolution

GMT 07:27 2017 Wednesday ,01 March

Russia, China veto UN resolution
Arab Today, arab today NUMP's conference to discuss proplems

GMT 13:40 2017 Wednesday ,01 March

NUMP's conference to discuss proplems

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera

GMT 08:48 2017 Monday ,13 February

Peugeot buys India's Ambassador car

GMT 09:14 2017 Saturday ,11 February

Ford to invest $1billion

GMT 08:46 2017 Thursday ,09 February

Japan firm drops Mexico plant plan

GMT 10:10 2017 Monday ,23 January

A new Look for the Nissan GT-R

GMT 08:22 2017 Sunday ,22 January

Toyota explores hydrogen use to curb emission

GMT 19:13 2017 Wednesday ,18 January

With Voortman Multi System Integration

GMT 11:51 2017 Monday ,09 January

Detroit braces for Trump tweets
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Lasers flesh out dino-bird profile

GMT 12:24 2017 Wednesday ,01 March

Lasers flesh out dino-bird profile
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Najla Badr will participate in “30 Days” drama

GMT 06:23 2017 Monday ,27 February

Najla Badr will participate in “30 Days” drama
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:54 2017 Wednesday ,01 March

Shanghai expands public smoking ban

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:27 2017 Wednesday ,01 March

GSMA: 5 billion mobile phone users in 2017

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday