BY: Dr. Hana Saada
Landmark Deals Set to Transform Algeria’s Industrial and Agricultural Sectors
Algiers, Algeria | April 15th, 2025 — In a significant move to bolster economic ties, Algeria and China have signed eight comprehensive agreements focusing on industrial and agricultural investments. These accords, formalized during the Algeria-China Business Forum in Algiers, mark a pivotal step in Algeria’s economic diversification strategy and China’s expanding influence in Africa.
Key Industrial Initiatives
- Jetour Automotive Plant in Batna: A joint venture between Algeria’s FONDAL and China’s Jetour will establish a $105 million automotive factory in Batna. The facility aims to produce 270,000 vehicles over five years, creating approximately 1,000 jobs.
- Iris-Chery Automotive Collaboration: Algerian group Iris and Chinese automaker Chery plan to develop a 230,000 m² facility specializing in automotive bodywork painting and welding, expected to generate 1,200 direct jobs.
- SNTF and GENERTEC CNTIC Partnership: The National Railway Transport Company (SNTF) and China’s GENERTEC CNTIC will collaborate on designing and manufacturing railway transport equipment in Algeria, enhancing the country’s transportation infrastructure.
- Condor-Hisense Manufacturing Agreement: Algerian electronics firm Condor and China’s Hisense will jointly produce air conditioners and washing machines, aiming to boost local manufacturing capabilities.
Agricultural and Logistics Ventures
- Global Agri-Food and Madar Holding Project: A partnership focusing on developing strategic agricultural crops in southern Algeria, aiming to enhance food security and agricultural productivity.
- Madar Maritime Company (MMC) Initiative: MMC will establish a company to manufacture containers for transporting raw materials and finished products, facilitating trade and logistics.
- Madar and CCECC Engineering Firm: This collaboration will create an industrial engineering company to provide technological assistance and conduct studies for Algerian industrialists.
- Agrolog and CRCC Poultry Project: Agrolog and China’s CRCC will develop a poultry project, contributing to the diversification of Algeria’s agricultural sector.
Strategic Implications
These agreements align with Algeria’s vision to diversify its economy beyond hydrocarbons, emphasizing industrial growth and agricultural development. For China, the deals represent a strategic expansion of its Belt and Road Initiative, strengthening its economic footprint in North Africa.
Future Prospects
An upcoming agreement between Algeria’s CYCMA and China’s QJ Motor, scheduled for May 5, aims to enhance motorcycle production through technology transfer, further solidifying the bilateral partnership.
