Cars' Import to be reduced by 50% in 2016
الشروق أونلاين
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Industry and Mines Ministry contacted the cars’ concessionaires’ that are accredited in Algeria officially with the cars’ shares that will be available to be imported during 2016, according to a document that was signed by the General Secretary of the Ministry, Rabia Khorfi, who identified quota of every trader by half the cars that were imported during 2015, with the calculation of all vehicles that have been resettled during the current January, before the start of the process to freeze imports at the banks starting from last Wednesday.
According to the correspondence, which copy is available to Echorouk, cars’ concessionaires that are accredited in Algeria can import cars during 2016, according to calculations by the Ministry of Industry and Mines, which include a ban to import more than half of the vehicles that were marketed during 2015 for each trader, which will reduce imports of each trader by 50%.
Correspondence also pointed out that all the cars that entered the national market since the beginning of current January, will be calculated in the quota of 2016, which will result in a significant reduction in the number of vehicles that they should all be subject to the book of conditions that was adopted by the beginning of last February, and any violation in this regard will be financially paid by the importer.
Cars’ imports bill decreased by 559.2 billion dollars, and fell by more than 140,000 vehicles in 2015, compared to 2014 as reported by the Minister of Industry and Mines, Abdessalam Bouchuoareb, in his previous statements by reference to the state’s efforts in the fight against the non-conforming auto standards.
According to the same statements, in 2014 the cars’ imports reached 34.6 billion dollars, while the number of imported vehicles stood at 439.637 vehicles, which means that the cars’ imports bill was estimated at 781.3 billion dollars in 2015, down by 3.40% compared to 2014, while the number of imported cars dropped by 32%.
