Middle East Economic Survey

VOL. LII

No 33

17-Aug-2009

ALGERIA

German Companies, Aabar Sign Vehicle Manufacturing MOU

Five German companies and Abu Dhabi investment company Aabar have signed a memorandum of understanding (MOU) with the Algerian ministries of defense and industry for the construction and operation of manufacturing plants for vehicles and engines in Algeria. MAN Ferrostaal will carry out the entire project as general contractor and expects to modernize and build production facilities...