Algeria looking for Iranian industrial help

Published January 13th, 2005 - 11:30 GMT
Al Bawaba
Al Bawaba

Visiting Head of Iran's Chamber of Commerce, Industries and Mines (ICCIM) Ali Naqi Khamoushi conferred Tuesday with Algerian Minister of Industries Ja`boub al-Hashemi on expansion of mutual cooperation in developing industrial projects.


At the meeting, the Algerian minister voiced his country's willingness to benefit from Iran's capabilities and potentials to implement developing projects in the country. An assembly line for production of automobile is 95 percent complete, he said, adding, "We invite Iranian investors to contribute to completing the unfinished project."


Some 30 cement factories with the annual capacity of 11 million  tons are now in operation in Algeria which cannot meet the market demand, he underlined.