Algeria signs energy, vocational training deals with France

Published April 12th, 2017 - 02:46 GMT
An employee of the French car maker Renault group during the inauguration of a new production plant in Algeria on November 10, 2014. (AFP/File)
An employee of the French car maker Renault group during the inauguration of a new production plant in Algeria on November 10, 2014. (AFP/File)

Algeria and France have inked in Algiers ten agreements and memorandums of understanding (MoUs) in various fields part of the visit of French Premier Bernard Caseneuve.

Read more: Post-Brexit UK Eyes Energy Investments In Algeria

These agreements particularly relate to the sectors of energy, renewable energy, food-processing, vocational training and higher education.

These agreements include a MoU on the creation in Algeria of a plant manufacturing low and medium voltage substations and protection cabinets for control systems between ELEC El Djazaïr and Schneider electric, specialized in the management of energy and automation.

The setting up of the plant is planned in the province of Sidi Bel Abbes, at the site of Enie, a subsidiary of Elec-El Djazair group.

In the mechanical industry, a MoU on cooperation between the National Company for Industrial Vehicles (SNVI), the Tramway assembly and maintenance plant (Cital) and the French company Alstom was signed to mutualize the competences of the three companies and manufacture electronic buses.  

Read more: Algeria To Receive $42.7M In EU Funding For Renewable Energy Projects

In the food-processing field, three agreements were signed between Algerian and French private companies.

The first one relates to the creation in Oran of a yeast and related products plant with a capacity of 25,000 tonnes per year between the Algerian group Agrodiv and the French Company Lesaffre.

A synthesis protocol for the creation of a factory for industrial production, packaging and marketing in Algeria and abroad of Lesieur brand products (Avril group) was also inked with the Algerian group operating in food-processing Djadi.

A third agreement on assistance to project owners was also signed between Avril group and Algerian group SIM to provide the Algerian group with expertise in its project to set up a soybean processing plant.

Read more: Algeria, Qatar Team Up To Launch Massive Steel Complex

In this institutional field, a financing agreement was signed between the Ministry of Finance and the French Development Agency to replenish the Study and Capacity Building Fund (FERC) to the tune of €1.5 million.

A letter of intention between the Centre for the Development of Renewable Energy (CDER) and the French Commission for Atomic Energy and Alternative Energy (CEA) was also signed to create a framework adapted to the development of sustainable cooperation between both institutions.  

As regards higher education and vocational training, a letter of intention was inked between the University of Tlemcen and Rennes1 University, in addition to an agreement on the institutes of applied science and technologies (ISTA).

Another MoU was inked between the Vocational Training ministry and the Club of entrepreneurs and industrials of Mitidja, the Billion Company and Arbez Carme d'Oyonnax high school for the creation of a training center in plastics technology in Blida. 

 

You may also like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content