renault plant in algeria first step towards civil car industry
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Renault plant in Algeria, first step towards civil car industry

Arab Today, arab today

Arab Today, arab today Renault plant in Algeria, first step towards civil car industry

Renault plant in Oued Tlélat
Algiers - APS

Inauguration, next Monday, of Renault plant in Oued Tlélat (Oran), which will manufacture first "Algerian Symbol", represents the beginnings of a civil car industry and one of the major missing links of national mechanical industry.
Prime Minister, Abdelmalek Sellal and French Foreign Minister, Laurent Fabius, in the presence of CEO of Renault, Carlos Ghosn, will launch Renault plant in Algerian, long-awaited by the Algerians wishing to finally buy a "made in Algeria."
Located on an area of 151 hectares in Oued Tlélat, the plant cost, to date, nearly € 50 million and expects an increase in investment to € 800 million in the medium term.
While the goal is to achieve a national integration rate of 42% by 2019, the manufacturing of the first car of Renault Algeria with some plastic parts produced locally, allowed an integration rate of 17%, expected to increase to 25% in 2015.
This means the contribution of Algerian SMEs to the development of this project to increase the national integration rate is still low. Therefore, the development of outsourcing is a major concern for this investment.
Significant investment will be made in stamping vectors, sheet metal and paint, to raise the vehicle’s integration level.
In two or three years, investment in stamping will allow to completely manufacture the bare shell of the vehicle.
As for the benefits granted by the State for this project, CEO of Industrial and agricultural equipment company, Dehimi Bashir, told APS Renault Algeria project benefited from various advantages under the investment code.
Besides, he stressed that "the joint venture Renault Algeria Production (RAP) received these benefits and not the French manufacturer."

arabstoday
arabstoday

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*

renault plant in algeria first step towards civil car industry renault plant in algeria first step towards civil car industry

 



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*

renault plant in algeria first step towards civil car industry renault plant in algeria first step towards civil car industry

 



GMT 21:23 2016 Tuesday ,15 November

Bill Gates: Saudi youth key to realizing Vision 2030

GMT 13:55 2017 Sunday ,05 February

Iran dismisses UAE "interference" allegations

GMT 07:21 2017 Monday ,13 February

Libyan jets raised Qaeda strongholds in Ras Lanuf

GMT 05:11 2016 Wednesday ,16 November

Egyptian company opens largest gold refinery in Ghana

GMT 11:30 2017 Monday ,25 December

Kuwait's Zain may rise after Q2 beats estimates

GMT 22:48 2017 Friday ,22 December

Electricity minister receives author

GMT 23:15 2017 Monday ,18 December

Dubai Police transform 100 percent of services

GMT 00:01 2017 Friday ,10 March

Prime Minister Meets Moroccan Prime Minister

GMT 23:02 2017 Monday ,09 October

UK’s May signals foreign minister Boris Johnson

GMT 17:51 2017 Saturday ,09 December

Merkel to meet SPD after it gives blessing
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday