Finance

Kia Motors wants to set up car assembly unit in Algeria

Wednesday, 22 February 2017 03:36

South Korean car maker Kia Moors plans to build in Batna, Algeria, a car assembly unit, reported Algerian radio station Chaine III on Feb 15, 2017, citing the region’s governor, Mohamed Salamani.

“Three files are being examined by the authorities of the Batna wilaya and the ministries of industry and power. These include a project to build a Kia car assembly unit with Korean partners,” said Salamani answering questions about the region’s strategy in terms of private investments promotion.

Glovis, retailer of Kia Motors products in Algeria, will partner with the South Korean firm in the framework of the project.

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