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October 26, 2024 | 10 months ago
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During a meeting with Hyundai, the president of the NPA praised the group's efforts to set up a plant in Algeria by 2025, joining a global network of 15 factories. This project could meet the growing demand for Hyundai vehicles and provide export opportunities to Africa. He also emphasized the improvement of the business climate in Algeria and the importance of start-ups in developing subcontracting.
He also visited LG's R&D centre, where he was introduced to innovations such as third-generation robots for hotel services and components for electronic vehicles. LG is expanding its areas to drug manufacturing and agricultural technologies, illustrating its strategic diversification.
To conclude his visit, he visited the National Museum of Korea, highlighting Korea's cultural and historical interest in Algeria.
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