On Thursday, Algerian Prime Minister, Siavi Grib, highlighted the government's ongoing efforts to boost national integration in the automotive industry during a visit to the Tissemsilt province. He stressed the importance of developing a culture of reliance on national products, emphasizing that continued imports of plastic parts for the automotive sector are unacceptable. Grib made these remarks while inaugurating a production unit for plastic components and accessories for cars, affiliated with the Algerian Chemical Specialties Corporation (ACS).
The newly opened factory in Tissemsilt will produce 251,000 pieces per year, catering to the needs of approximately 200,000 vehicles. This project is expected to create 300 direct and 500 indirect job opportunities, contributing to the local economy. The Prime Minister was accompanied by several ministers, including the Minister of Interior, Local Authorities, and Transport, Said Sadioud, Minister of Industry, Farid Kortel, and Minister of Finance, Mohamed Lamine Loub.
As part of the government's efforts to promote national integration in the automotive sector, all authorized dealers in Algeria involved in vehicle manufacturing and assembly will be required to use locally produced plastic parts starting from the beginning of next year. This requirement is part of a clear set of regulations aimed at supporting domestic production. The Prime Minister also mentioned that alternative solutions will be explored if the lead time for importing molds for plastic parts is lengthy.
The Tissemsilt factory is considered a starting point for a broader initiative to develop the automotive industry and increase local integration. The Prime Minister acknowledged the efforts of workers, executives, and engineers who contributed to the factory's revival in less than five months. He also emphasized that President Abdelmadjid Tebboune is closely monitoring the progress of reactivating seized projects as part of the anti-corruption campaign.
The Algerian government, under President Tebboune's close supervision, will continue to work on reactivating other seized projects, with additional announcements expected in the near future. The Prime Minister's visit to Tissemsilt aimed to inspect the factory and discuss ways to enhance national integration in the automotive sector. The project is expected to have a positive impact on the local economy and stimulate investment.
The production unit in Tissemsilt will cater to various industries, including household appliances, cable manufacturing, refrigeration, air conditioning, medical equipment, and packaging materials. The factory's output will also serve the aerospace industry, producing components for drones. Local authorities expect the project to stimulate economic growth, improve transportation services, and create new opportunities for small and medium-sized enterprises.
The Algerian government's efforts to boost national integration in the automotive industry are part of a broader strategy to develop the sector and promote economic growth. The Prime Minister's visit to Tissemsilt highlighted the government's commitment to supporting domestic production and creating new job opportunities. The project is expected to contribute to the country's economic development and improve the standard of living for its citizens.
Key points
- The Algerian government aims to increase national integration in the automotive industry by requiring local production of plastic parts.
- A new factory in Tissemsilt will produce 251,000 plastic parts per year for the automotive sector.
- The project is expected to create 800 job opportunities and stimulate economic growth in the region.
