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Nissan and Groupe Hasnaoui to build new car plant in Algeria

ALGIERS, Algeria – Nissan Motor Co., Ltd., and Groupe Hasnaoui will invest a total of $160 million in a new Nissan vehicle plant in Algeria to meet growing customer demand in the country and across Africa.

The two companies will set up a joint venture in coming weeks, having received approval by the Algerian government on Dec. 6, 2018. The plant will have the capacity to build 63,500 passenger cars and light commercial vehicles annually, and will produce several models. Details of the lineup will be announced at a later date.

Nissan aims to double its presence in the Africa, Middle East and India region over the course of the company’s Nissan M.O.V.E. to 2022 midterm plan. Expanding industrial operations into new markets, like Algeria, is part of the growth strategy. The move into the market follows Nissan’s announcement last year that it will start making cars in Pakistan.

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