Industry: 12 textile factory threatened with bankruptcy
الشروق أونلاين
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Abdessalem Bouchouareb, Algerian Minister of Industry and Mines. Photo: archive
Industry and Mines Minister, Abdessalam Bouchuoareb, received a detailed report, regarding the reality of textile companies, which is still unable to achieve the program that was underlined by government, although it benefited in recent years from financial aid and governmental support worth two billion dollars, in addition to the fiscal exemptions and omitting debts.
Sources from the Industry and Mines Ministry told Echorouk that the latter received a detailed report about the reality of the textile factories in Algeria, which reached nearly 54 companies at the national level, describing its status and problems as dangerous, on the grounds that the closure and bankruptcy has become the only solution, although the government relies on production companies and manufacturing textile and leather as one of the pillars of the post oil period.
The report revealed that the disastrous situation of the textile sector is due to the old equipment and the inability of institutions to renew mechanisms to continue the activity, although the government granted them earlier $ 800 million, for the renewal of their equipment, which is supposed to be imported from Germany and Belgium, but the process noticed remarkable delays and will not be available before three months from now, as well as training their employees and the granting $ 1.2 billion and as fiscal exemption and omitting debts, but the latter failed to achieve the desired results.
This prompted the Industry Minister, Abdessaalam Bouchouareb, to convert them to industrial companies, and ask them to stay in the market, especially since the President instruction stipulates the need to send the textile sector as one of the solutions to overcome the oil crisis and revive the glories of “Sonitex” and “Beta” and other production units manufactured that made the textile glory in the eighties.
For his part, Ammar Takjout, the head of the Textile Federation at the General Union of Algerian Workers, attributed the problem of these factories to the presence of a technical problem that affected them, because of the replacement of joint companies and industrial complexes, criticizing at the same time, the absence of dialogue between officials of the sector and workers, especially during the appointment of managers of industrial groups, that noticed the absence of representatives of federation who are experts in this sector and the importance which the complex of manufacturing leather played, after it becomes unable to cover only 20% of the national demand.
