Algeria to unveil first of its kind Renault and Volvo assembly plant
12-01-2017 08:08:00 | by: Bob Koigi | hits: 3926 | Tags:

Algeria is set to commission an assembly plant for Renault and Volvo industrial vehicles under an Algeria- EU partnership.

The symbolic laying ceremony of the first stone of this investment project, first of its kind in the Maghreb region, was attended by France's ambassador to Algeria Bernard Emié, ambassador of the Kingdom of Sweden to Algeria Marie-Claire Sward-Capra and the governor of Blida where plant will be located Abdelkader Bouazghi.

According to the Algerian partner in this project, Abdenour Souakri, the unit will be implemented in two steps and will produce, once commissioned, "2000 trucks per year before increasing this capacity to 5000 units in 2019."

According to the Bouazghi, this partnership "is the fruit of good relations between Algeria, France and Sweden," adding that "this is just an overview of what is being implemented in the economic field following the facilitations decided by the State to back the initiative likely to boost the national economy."

On his part, France's ambassador hailed this partnership and expressed the hope to see other similar projects implemented in the future.

Extending over an area of 24,000 m², this unit is the fruit of a joint-venture created between BSF Souakri industrial group and the French company Renault Trucks SAS, said Soukari.

This partnership is expected to "strengthen the presence of Renault Trucks and Volco brands on the Algerian market," he added.  

CEO of Renault Trucks SAS Bruno Blin highlighted the importance of this partnership, which he described as "important," stressing "we will work to further develop it."

"The production technologies used in France will be the same in the unit of Meftah," stressed Blin, stating "the Algerian market needs this type of vehicles as the major part of goods is transported by land nationwide."