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Germany Negotiates With Algeria To Win New Projects

Echoroukonline
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Germany Negotiates With Algeria To Win New Projects
German Chancellor, Angela Merkel, will pay an official visit to Algeria at the invitation of the President, Abdelaziz Bouteflika, accompanied by a delegation of businessmen who will participate in the Algerian-German Business Forum, where several economic agreements are expected to be signed, as Berlin aims to expand its projects in the Algerian market, which it supported annually with $ 3.2 billion.
On the occasion of her second visit to Algeria (the first visit was in 2008), the German Chancellor will be received by President Bouteflika and she will hold talks with the Prime Minister Ahmed Ouyahia as well.
Merkel will also hold a joint press conference with Ouyahia on issues related to the Algerian-German relationships and issues of mutual interest.
In a congratulatory message to the German Chancellor on the occasion of her country’s national holiday last October, President Bouteflika said he looked forward with “great pleasure and interest” to her visit to Algeria to “give more impetus to bilateral cooperation”, so Algeria and Germany will promote the axis of partnership for an economically intensive bilateral relationship by organizing this visit.
Several industrial branches are of interest to German enterprises, especially the mechanical and handling industry in the fields of automobiles, renewable energies, chemistry and the pharmaceutical industry, and in the mechanical branch, several partnerships were held between Algeria and Germany and are linked to the Mercedes-Benz Algeria between the German company Daimler, which is the mother company of Mercedes-Benz, the National Company for Industrial Vehicles and the National Defense Ministry and the Aabar UAE groupe.
Three Algerian-German-UAE mixed companies were set up in 2012 to develop the mechanical industry in Algeria, which are the Algerian company for the manufacture of heavy-duty vehicles Mercedes-Benz in the Rouiba area and the Algerian company for the manufacture of Mercedes-Benz cars “Safa” in the city of Tiaret (western Algeria) and the Algerian company for the manufacture of engines of the type Mercedes-Benz, Deutz and MTO in Constantine (eastern Algeria).
Algeria currently has more than 200 German institutions in various sectors, and Germany is the fourth largest partner of Algeria with $ 3.2 billion.
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