Hyundai Algérie: the soon-to-be-launched factory

The project for the construction of the Hyundai vehicle manufacturing plant in Algeria is taking a decisive step. After months of negotiations, the necessary approval for the establishment of this industrial unit was granted to the Omani-Korean joint venture. The investment, estimated at 400 million dollars, marks a turning point in the country's automotive industry and could strengthen local production while meeting the growing demand for vehic…