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Youssef Yousfi: “Car Factories List Is Open, This Is The Problem Of Peugeot”

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Youssef Yousfi: “Car Factories List Is Open, This Is The Problem Of Peugeot”
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Industry and Mines services are in the process of considering dozens of requests for car installation factories by foreign traders who want to invest in the Algerian market, where the file is currently on the table of the National Investment Council, which will study it to respond to them negatively or positively, which means that there is no list of investors in the car sector, Industry and Mines Mines Minister, Youssef Yousfi, said, during a press conference that was held on Sunday in the forum of Al Moudjahid newspaper.

“Car installation sector still attracts the attention of dozens of foreign businessmen and international brands that filed a request to the Industry and Mines Ministry, specifically the National Investment Council, which is in charge of studying it”.

“Handling sector is also attracting investors, who are thousands and counted in this framework the production of between 30 and 50.000 pieces of cars annually, all of which contribute to the recovery of the mechanical industry in Algeria”.

Regarding the file of Peugeot car factory, the minister said that the problem that was previously discussed concerns the floor of the factory, which the Ministry of Industry is trying to solve as soon as possible, while he called for not rely only on the installation of cars but on manufacturing them in Algeria as well, which is processed by creating a new book of conditions that will be released soon.

“The achievement of the real industry for cars can not be realized in a year or five years only, but requires a long time and passing through several stages, which Algeria seeks to achieve by encouraging this sector and regulation according to the laws that encourage and develop the mechanical industry in Algeria”.

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