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Algerian -Chinese partnership: First Chinese Company for manufacturing bulldozers and engineering equipment in Africa to be established in Algeria

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Algerian -Chinese partnership: First Chinese Company for manufacturing bulldozers and engineering equipment in Africa to be established in Algeria
Abdelaziz Bouteflika attended the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) Nov. 4-5, and started a state visit to China on Nov. 6.2006

The Chinese company for manufacturing bulldozers, trucks and engineering equipment “XU ZHU” and distributors of cranes, will establish its first production unit in Africa, and exactly in Boumerdes, east of Algeria, following an Algerian-Chinese partnership.

 

An important Chinese delegation of managers and businessmen will visit Algiers on December 23 to negotiate and put the finishing touches to determine the way of determining partnership and organization of the Algerian market.

 

The Chinese representatives seek to identify opportunities for real investment in Algeria and the current economic climate, as well as discussing all stages of production, marketing distribution policy and the possibility of exporting their products to the neighboring countries, as well as to ensure after-sales service.

 

The company plans to divide Chinese investment in Algeria in stages.

 

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