VOL. XXXIV

NO. 10

10-DECEMBER-1990

Algeria

Central Bank Approves Joint Ventures for Peugeot Car Plant, Gas Productsand Pharmaceutical Factory

As part of a decision earlier this year to open Algeria to foreigninvestment, the Central Bank of Algeria's Council on Money and Credit approvedon 6 December three concessional agreements for the manufacture of cars, gasproducts and pharmaceuticals.

French automobile maker Peugeot will proceed with a FF2bn ($400mn) project toconstruct an automobile...