Algeria Gate: During President Abdelmadjid Tebboune’s official visit to the Federal Republic of Germany, Algerian company Condor signed an industrial partnership agreement with German firm Maincor on the sidelines of the Algerian-German Economic Forum.
The agreement includes launching an industrial investment in Algeria and the transfer of German technology and expertise in the manufacturing of pipes for central heating solutions, household electrical appliances, as well as pipes used in the automotive industry.
Under this partnership, the products will be manufactured in Algeria under the German brand. They will primarily target the domestic market, with a portion of production earmarked for export to international markets. This collaboration will bolster Algeria’s national industrial capabilities and support the diversification of its exports beyond the hydrocarbons sector.
This agreement forms part of the ongoing efforts to strengthen economic cooperation between Algeria and Germany, while promoting industrial investments grounded in technology transfer. It supports the development of the national industrial base and enhances the competitiveness of Algerian products.
