Hayat DHC will invest 13.4 billion Algerian dinars ($103 million) to build a paper products plant in Relizane.
The facility will produce 70,000 tonnes of jumbo paper rolls and more than 44,000 tonnes of tissue and hygiene products annually.
The project will create 960 direct jobs and aim to reduce Algeria’s import bill.
Turkey’s HAYAT DHC will build a new paper products factory in Algeria with an investment of 13.4 billion Algerian dinars ($103 million), as the country seeks to expand local manufacturing and curb imports.
The Algerian Investment Promotion Agency (AAPI) announced the project on Tuesday, February 17, after Director General Omar Rekkache met a delegation from the Turkish group.
The company will locate the plant in Relizane, a city in northwestern Algeria about 290 kilometers west of Algiers. The factory will produce 70,000 tonnes of jumbo paper rolls annually. The facility will also manufacture 24,275 tonnes of tissue paper and 20,000 tonnes of paper-based hygiene products each year.
The company expects the plant to generate 960 direct jobs over time. The project will also help reduce Algeria’s import bill for paper and hygiene products by substituting locally manufactured goods for imported supplies.
Omar Rekkache officially launched the project’s implementation phase by handing the investment registration certificate to HAYAT DHC executives during the meeting.
Rekkache stressed the importance of gradually developing local input production to increase the national integration rate of finished goods. He reaffirmed the Agency’s readiness to support the Turkish group in establishing additional industrial units or localizing subcontracting projects to build an integrated national network.
HAYAT DHC operates 67 subsidiaries across 17 countries. The group already operates in Algeria through a factory that manufactures detergents and hygiene products.
The company produces household cleaning products, baby diapers, personal care items, feminine hygiene products and paper goods. The group also operates in Egypt, Morocco and Nigeria, expanding its footprint across North and West Africa.
This article was initially published in French by Walid Kéfi
Adapted in English by Ange J.A de Berry Quenum
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