The foundation stone was laid on Monday in the province of Touggourt for an investment project to manufacture rubber tires for light and heavy vehicles, with a total production capacity of 5 million units per year. This strategic project is expected to contribute significantly to meeting national demand and reducing the import bill.
The ceremony was supervised by the Director General of the Algerian Investment Promotion Agency, Omar Rekkache, accompanied by the Wali of Touggourt, Othmane Abdelaziz, and in the presence of the Walis of Ouargla, El Oued, and El M’Ghair, along with local authorities.
With an estimated cost of over 27 billion DZD, the project aims to produce 5 million units of various tire types. The first phase includes 2 million units annually for heavy vehicles, followed by 3 million units for light vehicles.
Located on a 20-hectare site in Temacine, this initiative, alongside similar projects in Oran, Setif, and Oum El Bouaghi, is part of a broader effort to meet national tire requirements. Total production across these facilities is projected to reach approximately 19 million units per year.
Furthermore, the project is set to stimulate economic activity in Touggourt and neighboring regions, creating 1,720 direct jobs and thousands of indirect employment opportunities.
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