Algeria and UAE finalize a strategic partnership in the defense industry

Lemag : The Algerian Group for the Advancement of the mechanical industry and the UAE Tawazun group and its subsidiary NIMR-Automotiv finalized on August 25, a framework agreement of cooperation.

This agreement based "on trust and industrial complementarity between the two countries" aims for the development and the installation of armored vehicles transport of troops.

This project for the construction of the "special vehicles"will be managed by the mixed capital compagny, NIMR Algeria SPA.

The industry compagny will be established in Khenchela(Algeria) and will hire 400 to 450 algerians.

The first batch of vehicles could be produced on December.

Source : https://www.marocafrik.com/english/Algeria-and-UAE...