Turkish-Algerian JV launches largest textile facility
A Turkish-Algerian joint venture has launched Africa’s largest textile production facility in the northwestern Algerian province of Relizane. Algeria’s Industry and Mines Minister Youcef Yousfi inaugurated the facility, named “TAYAL SPAâ€, which will eventually come at a total cost of $1.5 billion.
A Turkish-Algerian joint venture has launched Africa’s largest textile production facility in the northwestern Algerian province of Relizane. Algeria’s Industry and Mines Minister Youcef Yousfi inaugurated the facility, named “TAYAL SPAâ€, which will eventually come at a total cost of $1.5 billion.
In his speech at the opening ceremony, Yousfi said that 40 percent of the production would meet the needs of the domestic market and 60 percent would be exported. He noted that the facility, when finished, would be the largest textile facility in Africa constructed by a Turkish-Algerian partnership.
The full facility will be built in three phases on a plot of land with a total surface area of 2.5 million square-meters in the Sidi Khettap industrial zone of Algeria’s Relizane Province through the partnership of the Algerian government and the Taypa textile company of the Turkish Tay Group.
