Algeria's automotive industry is embarking on a new project to strengthen its local presence, with a focus on producing components. The Ministry of Industry, led by Farid Kourtel, aims to accelerate the growth of national subcontracting by mobilizing General Plastic Injection (GPI) to supply approved constructors with necessary plastic parts. This move is part of a broader strategy to increase local integration, develop subcontracting, and expand the production of components for constructors.
On a recent Saturday, Kourtel met with representatives of Algerian companies approved for vehicle manufacturing, along with central ministry officials. The meeting discussed building an integrated national vehicle industry, aligning with the state's goals. Kourtel provided guidance on coordinating with GPI, located in Tissemsilt, to produce plastic components for various constructors. This involves constructors providing necessary molds for GPI to cover their needs locally.
The meeting resulted in an agreement from attending operators to provide required molds, enabling GPI to start producing specific plastic components for different manufacturing sites promptly. This development is expected to foster a national network of suppliers that can sustainably support the growth of the automotive sector. Local component production is seen as a means to gradually increase integration rates and give national enterprises a greater role in the automotive value chain.
The Ministry of Industry aims to promote the emergence of a national supplier base capable of supporting the long-term development of the automotive sector. By prioritizing local production of components, the ministry seeks to increase the integration rate and provide more opportunities for national companies in the automotive value chain. This approach is expected to strengthen the national production, accelerate the localization of components, and consolidate an integrated automotive industry.
Kourtel assured that his department's services will support the implementation of this approach and provide necessary assistance for its realization. The objective is to reinforce national production, accelerate component localization, and progressively consolidate an integrated automotive industry. The ministry's efforts focus on developing subcontracting and expanding local component production for constructors.
The strategy involves GPI, part of the ACS group, producing plastic components for approved constructors. By providing necessary molds, constructors will facilitate GPI's production of specific components for various manufacturing sites. This collaboration is expected to enhance the local automotive industry's capabilities and contribute to the country's economic development.
The Algerian government's focus on local automotive component production reflects its commitment to developing the sector and promoting economic growth. The Ministry of Industry's initiatives aim to create a more integrated and sustainable automotive industry, with a stronger presence of national companies in the value chain. This approach is expected to have a positive impact on the country's economy and industrial development.
Key points
- Algeria's Ministry of Industry is prioritizing local production of automotive components, focusing on plastic parts, to boost national integration and supply chain development.
