Renault in talks to build a plant in Algeria

Article by Christian A., on November 27, 2010

Local reports in Algeria say that Renault SA is in negotiations to construct a plant in Algeria and to revive a plan to take advantage of growing demand. Algerian Industry and Investment Promotion Minister Mohamed Benmeradi said that Renault aims to build 75,000 cars a year starting in 2012 for the country.

El Watan newspaper quoted Benmeradi to have sad that these talks are now focused on the creation, the first stage of an assembly plant. This will then be followed in a second stage by vehicle manufacturing.

Benmeradi said that Renault has offered to be the supplier of its (locally assembled) vehicles to the Algerian market by 2012.

Benmeradi made these comments last Wednesday before a meeting with former French Prime Minister Jean-Pierre Raffarin, who made a visit in his capacity as President Nicolas Sarkozy's special envoy.

Renault and the Algerian government have been in talks with regards to a factory for several years. Last February, Renault Chief Operating Office Patrick Pelata said that talks were "well advanced."

But the talks have stalled since that time. According to Algerian government sources, the officials weren’t pleased about how much Renault planned to invest and they also felt that local partners were not involved enough. The officials had also wanted the factory to export vehicles if it had surplus capacity. [via autonews - sub. required]

Topics: renault, factory

If you liked the article, share on:

Comments

Recommended

After the highly dynamic Polestar 1 two-door coupe – Polestar’s first ever production car -- was recently unveiled, not a few people’s curiosity was piqued as to how much they...
by - October 21, 2017
The BMW 7 Series is already highly sought after but nonetheless, the German marque is giving it a more exclusive variant for the Russian market, and they are calling it...
by - October 20, 2017
Several automakers including Porsche, Volkswagen, Smart and even Land Rover have all been victimized by cheap Chinese copycats. And if you haven’t seen it yet, the most recent one would...
by - October 20, 2017
The Mercedes-Benz G-Class has been around for quite some time now but to bid it farewell, the company has launched the Mercedes-AMG G65 Final Edition. Mercedes will only build a...
by - October 20, 2017
Have you ever wondered what you can you buy with $9,365 in your pocket? Well, you have quite a lot of options. In fact, you can even purchase a used...
by - October 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries