- More by Michael Al-Said
Algerian Nissan plant will start production in 2020 replacing the UK
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Nissan became the latest in an ever growing long line of car manufacturers to leave the UK over Brexit fallout.
The Japanese car company and its Algerian partner Hasnaoui Group have invested $160m USD to build a car assembly plant in the Algerian capital.
The plant will start production in 2020.
It is estimated that it will create 1800 new jobs.
Last year, Algeria banned car imports in a bid to cut spending and boost local factories due to lower oil and gas earnings.
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M.AlSaid@alsahawat.com | Journalist