Algerian Prime Minister Sifi Ghrieb announced that the country will cease importing plastic parts for vehicle manufacturing and assembly by December 31. This move aims to maximize national integration and revitalize the industrial sector. Ghrieb made the announcement during a working visit to Tissemsilt, where he inaugurated a production unit for plastic automotive components and accessories.
The new directive is part of the government's strategy to develop a domestic automotive industry with high added value. From the end of the year, all constructors and authorized operators in Algeria's automotive sector will be required to source parts from local suppliers, where possible. This measure is designed to encourage the growth of a national industry beyond simple assembly.
The production unit inaugurated by Ghrieb is a subsidiary of the Holding Algeria Chemical Specialities (ACS) and will supply the local automotive industry with plastic components. The Prime Minister emphasized that the government's goal is to create a robust and integrated industry, rather than just assembling vehicles. This approach is expected to boost the country's economic growth and create new job opportunities.
Ghrieb's visit to Tissemsilt was accompanied by a large delegation of government and business leaders, including several ministers and the president of the Algerian Economic Renewal Council (CREA). The Prime Minister also highlighted the importance of recovering and reactivating industrial projects that were previously confiscated due to corruption.
President Abdelmadjid Tebboune has been closely following the progress of these projects, ensuring that deadlines are met and that they are reintegrated into the national economy. Ghrieb confirmed that several of these projects will be relaunched soon in various regions of the country. This effort aims to stimulate economic growth and create new opportunities for investment and employment.
The automotive sector is a key area of focus for the Algerian government, which is seeking to diversify its economy and reduce dependence on hydrocarbons. The development of a domestic industry for vehicle parts and components is seen as a crucial step in this process. By supporting local producers and encouraging investment, the government hopes to create a sustainable and competitive industry.
The deadline for ending imports of plastic vehicle parts is part of a broader strategy to promote national industry and reduce reliance on foreign suppliers. This move is expected to have a positive impact on the country's trade balance and contribute to economic growth. The government's efforts to revitalize the industrial sector and promote investment are ongoing, with a focus on creating jobs and stimulating economic development.
Key points
- Algeria aims to end imports of plastic vehicle parts by December 31.
- The government seeks to develop a domestic automotive industry with high added value.
- Several industrial projects confiscated due to corruption will be relaunched soon.
