Sonelgaz examine avec l’entreprise libanaise Matelec les opportunités de localiser l’industrie des transformateurs électriques en Algérie
Summary of the Meeting between Sonelgaz and Matelec
On Monday, Mourad Adjal, the CEO of Sonelgaz, met with Sami Saghir, the CEO of the Lebanese company Matelec, at Sonelgaz’s headquarters in Algiers. The discussions centered around potential partnerships in the manufacturing of electrical transformers. This meeting reflects Sonelgaz’s ongoing efforts to expand its international collaborations and attract foreign investments in Algeria, particularly in the electrical equipment sector.
Key Discussion Points
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Matelec’s Expertise: The Lebanese company showcased its capabilities in producing high and very high voltage transformers. They expressed a strong desire to localize this industrial activity in Algeria, aligning with the country’s current economic momentum.
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Investment Climate in Algeria: Adjal highlighted Algeria’s attractiveness as an investment destination due to its economic dynamics. He assured that Sonelgaz is committed to supporting investors interested in establishing electrical equipment manufacturing, especially for high-voltage networks, contributing to national industrial development.
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Joint Ambitions: Both parties articulated a mutual interest in penetrating African markets through large-scale energy infrastructure projects. These initiatives aim to bolster the energy sector’s development across the continent.
- Strategic Partnerships: This meeting is part of a broader initiative by Sonelgaz to form strategic partnerships that promote national industry and sustainable development, following the government’s directives to diversify non-hydrocarbon exports.
In conclusion, the collaboration between Sonelgaz and Matelec may pave the way for enhanced investment in Algeria’s electrical manufacturing sector, reinforcing the nation’s industrial capabilities and facilitating access to other African markets.