A Turkish-Algerian joint venture has launched Africa’s largest textile production facility in the northwestern Algerian province of Relizane.
According to the Algerian news agency APS, Algerian Industry and Mines Minister Youcef Yousfi inaugurated the facility, named “TAYAL SPA,” which will eventually come at a total cost of $1.5 billion.
In his speech at the opening ceremony, Yousfi said 40 percent of the factory’s production would meet the needs of the domestic market and 60 percent would be exported.
He noted that the facility will 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 a partnership of the Algerian government and the Taypa textile company of the Turkish Tay Group.
According to the partnership agreement signed in 2015, Taypa has a 49 percent share in the facility and the Algerian government has a 51 percent share.
The facility will employ 10,000 people in the first stage. Once the entire facility has been completed it is expected to employ 25,000 people and produce 60 million meters of denim fabric and 30 million pieces of garments annually.
The first stage of the project consists of eight textile production units, a textile school that will train 400 people, and 567 dwellings for workers and officials.
The second stage includes 10 factories that will produce ready-made garments, industrial fibers, denim and knitted and woven fabrics. (HÜRRİYETDAILYNEWS)