On September 24, 2026, Algerian Prime Minister Aïmene Benabderrahmane, accompanied by several ministers, including the Minister of Interior, Local Authorities, and Transport, Saïd Souid, the Minister of Industry, Ferid Kortaleb, and the Minister of Finance, Mohamed Lamine Laboubou, visited Tissemsilt province to inaugurate a new car parts production unit. The unit, named "General Plastics Injection," aims to produce plastic components and accessories for the automotive industry.
The project is part of President Abdelmadjid Tebboune's commitments to recover and revive confiscated assets, which have been definitively confiscated by final court judgments, and reintegrate them into the national economic cycle. This initiative aligns with the government's efforts to support productive investment and enhance the national industry's capabilities, particularly in the automotive sector.
The new production unit is expected to contribute to the development of local production chains, increase the national integration rate, and reduce reliance on imports. The project also aims to create jobs and stimulate economic growth in the region. The Prime Minister's visit to Tissemsilt province highlights the government's focus on promoting investment and industry in various regions of the country.
The "General Plastics Injection" unit is one of the several initiatives launched by the Algerian government to boost the national industry and reduce dependence on imports. The project is also seen as a step towards achieving the government's goal of increasing the country's industrial production and promoting economic diversification.
During his visit, the Prime Minister was accompanied by Kamel Moula, President of the Economic Renewal Council. The council plays a crucial role in promoting economic development and providing recommendations to the government on economic policies. The presence of the council's president at the inauguration ceremony underscores the importance of this project in the country's economic agenda.
The launch of the car parts production unit in Tissemsilt is a significant step towards achieving the government's objectives of reviving and reintegrating confiscated assets into the national economy. The project is expected to have a positive impact on the local economy and contribute to the country's economic growth.
The Algerian government has been working to promote investment and industry in various sectors, including the automotive industry. The launch of the "General Plastics Injection" unit is a testament to the government's efforts to support productive investment and enhance the national industry's capabilities.
Key points
- The project aims to produce plastic components and accessories for the automotive industry.
- The initiative aligns with President Abdelmadjid Tebboune's commitments to recover and revive confiscated assets.
- The project is expected to contribute to the development of local production chains and increase the national integration rate.
