TURKISH-ALGERIAN TEXTILE FACILITY TO BOOST ALGERIAN NATIONAL ECONOMY
February 1st, 2018
A NEW Turkish-Algerian public-private joint venture clothing and textile manufacturing facility is now under construction – with operations due to start this year. Its goal is to help transform the Algerian economy, diversifying it away from an over-reliance on oil and boosting its struggling clothing and textile sector.
The 250 hectares Tayal Spa, in the northwestern region of Relizane, is set to produce 30 million garments annually, along with 60 million metres of denim.
The partnership sees the Algerian government own 51% of the organisation and the ...
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