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Under President Tebboune’s instruction, the Prime Minister inaugurates a factory created from assets recovered in corruption cases

Author: Lys Iwannughen 0 comments 25 views
Under President Tebboune’s instruction, the Prime Minister inaugurates a factory created from assets recovered in corruption cases

Algeria Gate: Prime Minister Sifi Ghrieb officially inaugurated a new brake-pad manufacturing plant on Wednesday August 5th,  2026 in Reghaia, Algiers.


The facility was launched on the direct instructions of President Abdelmadjid Tebboune. More than a purely industrial project, it embodies the State’s policy of converting assets recovered from corruption cases into real engines of economic growth.

The new production unit belongs to the Eastern Maintenance Company, a subsidiary of the Industrial Cement Group of Algeria (GICA). It specializes in manufacturing brake pads for both light vehicles and heavy goods vehicles, in full compliance with current technical standards.

The initiative follows the President’s clear guidelines, which place the productive reuse of assets confiscated in corruption cases at the heart of economic policy. Instead of leaving these assets idle, the authorities are determined to bring them back into the national economy so they can generate wealth, create jobs and attract investment.

This approach also strengthens Algeria’s industrial sovereignty by cutting reliance on imports and increasing local content. It gives a second life to infrastructure recovered by the State, placing it firmly at the service of the national economy and industrial growth.

With an estimated annual capacity of 1.5 million brake pads, the factory will help meet part of domestic demand, reduce the country’s import bill for automotive components and support the development of the after-sales sector. It also opens the door to future exports of locally made products.

During his visit, the Prime Minister received a detailed briefing on the plant’s technical capabilities before touring the production lines. He stressed the need to uphold the highest standards of quality and efficiency to ensure the competitiveness of Algerian products.

The ceremony also saw the signing of two industrial cooperation agreements between the Eastern Maintenance Company, Stellantis Algeria and Idenet SARL Algeria. These partnerships aim to expand national subcontracting, strengthen local value chains and raise the profile of Algerian-made products on the market.

The Prime Minister was accompanied by a large ministerial delegation that included the Minister of the Interior, Local Authorities and Transport, Said Sayoud; the Minister of Industry, Yahia Bachir; and the Minister of Finance, Abdelkrim Bouzred.

Through this project, launched on the instructions of President Abdelmadjid Tebboune, the public authorities reaffirm their commitment to transforming assets recovered from corruption cases from frozen holdings into engines of economic growth. By reintegrating them into the national productive fabric, the State seeks to create added value, generate sustainable employment, attract investment and boost domestic production; turning the recovery of misappropriated assets into a practical tool for Algeria’s economic development.

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Lys Iwannughen

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Tunisia Thanks Sonelgaz for Safeguarding Its Power Grid

Tunisia Thanks Sonelgaz for Safeguarding Its Power Grid

Algeria Gate: Energy cooperation between Algeria and Tunisia has reached a new milestone. Tunisia’s National Electricity and Gas Company (STEG) has officially sent a letter of appreciation to Sonelgaz, praising its crucial support in ensuring electricity supplies during a particularly critical period marked by an exceptional heatwave and a sharp surge in energy demand.

In the official message, STEG Chief Executive Officer Fayçal Trifa expressed his sincere gratitude to the leadership, executives, and employees of Sonelgaz for their swift response and unwavering commitment. He emphasized that this assistance helped maintain the continuity of Tunisia’s public electricity service and eased the unprecedented pressure on the country’s national power grid.

This official recognition highlights Algeria’s strategic role in supporting Tunisia’s energy security. Thanks to Sonelgaz’s generation capacity and the electricity interconnection linking the two countries, Algeria was able to respond rapidly to Tunisia’s needs as electricity demand reached record levels.

Beyond its technical dimension, this gesture reflects the strength of the longstanding partnership between Algiers and Tunis. The two countries enjoy close cooperation in the energy sector, built on solidarity, mutual trust, and shared interests aimed at reinforcing regional energy stability.

This latest expression of appreciation from STEG also reaffirms Sonelgaz’s position as a leading player in North Africa’s energy sector. By supporting Tunisia during a period of exceptional strain on its electricity network, the Algerian public utility has once again demonstrated Algeria’s ability to act as a reliable partner and a strategic energy provider committed to advancing regional cooperation.

Author
yasmine ouazib
Algeria
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Algeria and South Korea: A Strategic Partnership Spanning Defense, Technology, and the Industries of the Future

Algeria and South Korea: A Strategic Partnership Spanning Defense, Technology, and the Industries of the Future

As the international order undergoes profound transformation and global supply chains and economic alliances are reshaped, relations between Algeria and the Republic of Korea have emerged as a compelling model of a multidimensional strategic partnership. Built on economic complementarity, industrial cooperation, political coordination, defense collaboration, and growing ties in education, culture, and innovation, the relationship continues to gain strategic significance.

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Since establishing diplomatic relations in 1990, Algeria and South Korea have steadily elevated their cooperation, culminating in Algeria becoming South Korea’s only strategic partner in Africa a designation that reflects the mutual trust, geopolitical importance, and long-term vision shared by both nations.

Political Partnership Built on Dialogue and Stability

Recent years have witnessed an accelerated pace of high-level exchanges, underscoring the shared determination of both governments to broaden bilateral cooperation.

In January 2026, Algeria welcomed a delegation from the Korea–Algeria Parliamentary Friendship Group. Discussions focused on strengthening political, economic, and parliamentary relations while promoting greater institutional exchanges and legislative cooperation.

In APRIL 2026, Algeria’s Secretary-General of the Ministry of Foreign Affairs, Lounès Magramane, received South Korean Vice Minister of Foreign Affairs for Economic Affairs Park Jong-han. Their talks centered on expanding Korean investment in Algeria, revitalizing the Joint Economic Committee, and marking two decades of the strategic partnership between the two countries.

Beyond bilateral issues, Algiers and Seoul share common positions on numerous international challenges, including support for multilateralism, sustainable development, and reforms aimed at strengthening global economic governance.

Economic Cooperation: Where Natural Resources Meet Advanced Technology

Algeria is among South Korea’s key suppliers of liquefied natural gas (LNG), while South Korea contributes advanced technology, industrial expertise, and engineering capabilities that support Algeria’s modernization agenda.

Leading Korean companies including Hyundai Engineering & Construction, Samsung C&T, and Daewoo Engineering & Construction—have played major roles in strategic Algerian projects involving power generation, ports, industrial facilities, and critical infrastructure. These investments have also facilitated technology transfer and the development of Algerian technical expertise.

As Algeria accelerates its economic diversification strategy, South Korea has become an increasingly important partner in manufacturing, renewable energy, digital transformation, and innovation-driven industries.

Industrial Cooperation: From Import Dependence to Technology Transfer

Algeria’s ambition to establish a competitive industrial base aligns closely with South Korea’s globally recognized manufacturing model.

This complementarity creates significant opportunities for joint ventures in key sectors, including:

  • Automotive manufacturing and components;
  • Electronics and household appliances;
  • Mechanical industries;
  • Digital technologies and artificial intelligence;
  • Semiconductors and other advanced technologies.

Technology transfer and workforce development remain central priorities for Algeria as it seeks to build internationally competitive domestic industries capable of serving regional and global markets.

Expanding Defense Cooperation

Defense cooperation has emerged as one of the fastest-growing dimensions of bilateral relations.

In May 2025, Algeria and South Korea exchanged a Memorandum of Understanding on defense cooperation between their respective Ministries of National Defense. The agreement laid the foundation for expanded collaboration in defense industries, military technology, training, and capacity building.

Later, in October 2025, General Saïd Chengriha, Algeria’s Minister Delegate to the Minister of National Defence and Chief of Staff of the People’s National Army, paid an official visit to Seoul, where he met South Korea’s Minister of National Defense and the Chairman of the Joint Chiefs of Staff. Their discussions focused on advancing defense-industrial cooperation, expanding technology transfer, strengthening military education and training, and exploring new opportunities in defense manufacturing.

General Chengriha also attended ADEX 2025 one of Asia’s premier aerospace and defense exhibitions where he reviewed cutting-edge defense systems, unmanned aerial platforms, cybersecurity technologies, and next-generation military innovations, reflecting Algeria’s commitment to modernizing its defense capabilities through strategic international partnerships.

Green Energy and Sustainable Development

Bilateral cooperation has expanded well beyond conventional energy into the fields of green growth and sustainable development.

In June 2026, former United Nations Secretary-General Ban Ki-moon visited Algeria in his capacity as President and Chair of the Global Green Growth Institute (GGGI). Discussions with Algerian officials focused on sustainable development, green economic transformation, energy transition, and environmental innovation.

These priorities complement Algeria’s national strategy to expand renewable energy production and develop a green hydrogen industry, while drawing on South Korea’s internationally recognized expertise in clean technologies and sustainable industrial development.

Education, Culture, and Soft Power

People-to-people exchanges continue to strengthen bilateral relations.

Interest in the Korean language and culture has grown steadily among Algerian youth, accompanied by expanding scholarship opportunities, academic exchanges, and university cooperation.

Meanwhile, the Embassy of the Republic of Korea in Algeria regularly organizes cultural events showcasing Korean cinema, music, visual arts, and cuisine, reinforcing mutual understanding and strengthening the bonds between the two societies.

A Strategic Bridge Between Asia and Africa

For South Korea, Algeria offers a strategic gateway to African markets through its geographic position, expanding logistics infrastructure, and status as Africa’s largest country by land area.

For Algeria, South Korea represents a global leader in manufacturing excellence, technological innovation, digital transformation, and industrial competitiveness.

As bilateral relations enter a new phase, the Algeria–South Korea partnership has evolved beyond traditional trade into a comprehensive long-term strategic relationship encompassing security, advanced manufacturing, energy, scientific research, innovation, and the green economy.

At a time when technological leadership and industrial resilience are reshaping global power dynamics, Algeria and South Korea are uniquely positioned to build one of the most significant Africa Asia partnerships of the twenty-first century one founded on knowledge transfer, joint industrial development, sustainable investment, and shared prosperity, while reinforcing both countries’ roles within the evolving global economy.

Author
yasmine ouazib
Algeria
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Algeria Builds an Integrated Automotive Industry

Algeria Builds an Integrated Automotive Industry

Algeria’s automotive strategy has evolved beyond attracting vehicle assembly plants into a broader industrial vision focused on building a fully integrated manufacturing ecosystem. The country is investing in vehicle production, local component manufacturing, and a national network of suppliers to increase industrial integration, reduce imports, and position Algeria as a regional automotive manufacturing hub.

In line with this strategy, Prime Minister Seifi Ghrieb, on behalf of President Abdelmadjid Tebboune, inaugurated a brake pads and automotive accessories manufacturing plant in Reghaïa, Algiers, on August 5, 2026. The new facility represents another step toward strengthening Algeria’s automotive supply chain by expanding domestic production of key vehicle components.

The project builds on the momentum created by FIAT’s Tafraoui plant in Oran, which began production at the end of 2023 and has become the cornerstone of Algeria’s modern automotive industry. Since then, the facility has continued expanding its industrial capabilities through the addition of body welding and paint workshops while progressively increasing local integration. Stellantis aims to raise the plant’s annual production capacity to 135,000 vehicles by 2028.

Alongside vehicle manufacturing, Algeria is developing a domestic network of automotive suppliers. In this context, Stellantis Algeria signed a strategic partnership with IKAM Auto Industry to manufacture brake pads locally, supporting both the after-sales market and, eventually, the FIAT Tafraoui plant. The agreement reflects the country’s commitment to increasing the use of locally manufactured components that meet international quality standards.

The sector has also attracted growing interest from international automakers. Companies including Chery, Geely, and JAC Motors have announced investment plans for production projects in Algeria, highlighting increasing confidence in the country’s industrial policy and long-term automotive ambitions.

Together, these developments demonstrate Algeria’s transition from an import dependent automotive market to a country building a comprehensive automotive industry. By combining vehicle manufacturing with local production of components and spare parts, the country is laying the foundations for a competitive industrial sector capable of serving both domestic demand and export markets across Africa and the Mediterranean.

Author
yasmine ouazib