Hyundai to Revive Former Sovac Factory in Algeria for Automobile Production
The Algerian automotive industry is set for a significant boost with the re-opening of the former Sovac factory in the industrial zone of Sidi Khettab, Relizane. This previously dormant facility, which once assembled Volkswagen vehicles, will now house a production unit for the South Korean automaker, Hyundai. This development promises to invigorate Algeria’s manufacturing sector, creating jobs and fostering technological growth, impacting the African tech scene.
Reviving a Legacy: Hyundai’s Algerian Venture
The announcement, made by Senator Bettahar Lazreg on July 23rd, marks a pivotal moment for the region. The Sovac factory, which ceased operations in 2019 following corruption allegations, is undergoing a transformation. Senator Lazreg confirmed the project’s progress on his Facebook page, highlighting the opening of the Hyundai factory in Sidi Khettab and the commencement of activity at the cement plant in El Kalaâ. These ventures are a result of the government’s efforts to tackle youth unemployment, supported by the local administration.
In conclusion, the Hyundai factory in Relizane is a positive development for Algeria’s economy, contributing to the country’s industrial capacity and job creation. This is a significant step towards bolstering Algeria’s manufacturing capacity and enhancing its standing in the African automotive sector.
Keywords
Related Keywords: Algeria Hyundai factory, Sovac plant Algeria, Hyundai car project Algeria, Algeria automotive industry, Hyundai factory location, Algeria car manufacturing, Sovac factory redevelopment, Hyundai Algeria, car production Algeria, new Hyundai plant
