Corruption: How Algeria's auto sector hit the wall
By AFP - Feb 14,2021 - Last updated at Feb 14,2021
ALGIERS — Shuttered assembly plants, jailed bosses, laid-off workers. Algeria's once ambitious plans to create a flagship auto industry have turned into a fiasco.
The country's recent years of political turmoil have also seen its foreign joint venture factories close and cronies of its ousted president Abdelaziz Bouteflika end up behind bars.
Algeria's dream of creating thousands of jobs has collapsed and the country is in dire need of new vehicles.
The government is putting on a brave face.
Last month, the country’s Industry Minister Ferhat-Ait Ali pledged that it is "preparing the revival of this industry on solid foundations, which break with the practices of the past".