Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Algeria

Aabar Invests In Autos Plant

February 2010 | Project News

Abu Dhabi-based Aabar Investments has announced plans to claim a 24.5% stake in a joint venture with the Algerian government and Germany's Ferrostaal, building on a Memorandum of Understanding (MoU) signed in 2009 to build a vehicle assembly plant. The MoU will see three factories eventually built in Tiaret, Ain Smara and Oued

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