JAC Signs Deal to Open Light-Duty Truck Plant in Algeria
In early January, representatives of China-based JAC and the Algerian government signed an agreement that will establish a light-duty truck KD plant in the African country.
The Algerian plant will mark the 20th overseas plant opened by JAC. The automotive company has also opened plants in the Middle East, Southeast Asia, Central Asia, and South America. The Algerian plant is the first JAC has established in Africa, according to the company.
JAC said it has invested US$128 million in the Algerian plant and expects to reach a production capacity of 10,000 units per year. The light-duty and mini trucks the plant will produced will meet new regulations recently instituted by Algeria.
JAC has been doing business in Algeria since 2000, and said it has about 35,000 light-trucks on Algerian roads.