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Industry Minister: Automotive sector in Algeria to experience “strong impetus”
ALGIERS- The Minister of Industry, Ahmed Zaghdar declared, Sunday in Algiers, that the automotive industry sector in Algeria will experience “a strong impetus” by the end of 2022 and the beginning of 2023, specifying that the specifications of the car dealers will be presented at the next meeting of the Council of Ministers.
In a statement to the press at the end of the 5th session of the Algerian-French High-Level Intergovernmental Committee (CIHN), Mr. Zaghdar declared that “the specifications, which will be presented at the next Council of Ministers, are ready and we will take into account all the directives concerning the drafting of the specifications long awaited by all the dealers”.
There will be “a restart, in particular after the promulgation of the law on investment and the related implementing texts. I think that there will be an industrial take-off, including that of the automotive industry”, he valued.
Asked about the date of entry into force of the decision to import the vehicles, the Minister explained that it depended on the completion of the organizational arrangements with the Ministry of Finance regarding customs and other procedures.
“As for the industry, we are in negotiations and there will be big companies in this field soon, which will allow manufacturing and importing,” he continued.
The President of the Republic, Mr. Abdelmadjid Tebboune had ordered, on Sunday during an extraordinary meeting of the Council of Ministers devoted to the draft finance law (PLF-2023), to authorize citizens to import vehicles less than three years old and to present the specifications relating to car dealers at the next Council of Ministers to decide on the content before the end of 2022.
He also gave directives to “authorize foreign car manufacturers to import vehicles for sale in Algeria, in parallel with the meticulous and continuous monitoring of the process of launching a real car industry in Algeria, as soon as possible”.
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