Home Northern Africa Italian Automobile Manufacturer ‘IVECO’ Plans to Set Up Production in Algeria

Italian Automobile Manufacturer ‘IVECO’ Plans to Set Up Production in Algeria

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Italian Automobile Manufacturer ‘IVECO’ Plans to Set Up Production in Algeria

(3 Minutes Read)

The Italian automobile manufacturer IVECO plans to set up a plant in Algeria to produce medium and heavy commercial vehicles. The Algerian Minister of Industry and Pharmaceutical Production, Ali Aoun, welcomed the Italian automobile manufacturing group “IVECO” delegation in Algiers.

The Italian automobile manufacturer IVECO plans to set up a plant in Algeria to produce medium and heavy commercial vehicles. The Algerian Minister of Industry and Pharmaceutical Production, Ali Aoun, welcomed the Italian automobile manufacturing group “IVECO” delegation in Algiers. The delegation was led by Impelluso Carmelo, the group’s regional director for North Africa and the Middle East, who introduced a project aimed at manufacturing medium and heavy utility vehicles in Algeria, according to a statement from the ministry.

The meeting, held at the ministry’s headquarters and attended by the Italian ambassador to Algeria, Alberto Cutillo, allowed the Italian partner to outline the policies of the “IVECO” automotive group. The statement indicated that these policies focus on addressing the needs of the Algerian market while also emphasizing export opportunities. The project’s first phase will focus on meeting the needs of the Algerian market, and the second phase will focus on export opportunities.

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Aoun expressed his satisfaction with the relationship between Algeria and Italy, underscoring “the necessity of developing a genuine automotive industry rooted in local integration through collaboration with local subcontractors. The minister also highlighted the importance of adhering to specifications to secure approval and promptly launch this initiative, as noted in the statement.