Algeria and China have signed nine strategic cooperation agreements, marking an expansion of economic engagement and growing competition in the North African market.
On 15 April 2025, the Algeria–China Business Forum took place in Algiers, organized by the Algerian Investment Promotion Agency (AAPI). Around 200 companies from both countries participated. The event resulted in the signing of nine cooperation agreements in sectors such as industry, transport, agriculture, home appliances and logistics.
The forum was held with the organizational support of the administration of President Abdelmadjid Tebboune and forms part of Algeria’s wider strategy to attract foreign investment, accelerate industrial localization and develop the manufacturing sector.
Key Agreements Signed at the Forum:
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Railway Engineering: An agreement between the National Metal Construction Company and China’s Genertec CNTIC (CRRC Group) to establish a production complex for assembling railway equipment.
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Automotive Industry:
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A project between Fonderie Algérienne and Jetour (Chery Holding Group) to build a plant in Batna with an annual capacity of 270,000 vehicles.
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An agreement between Iris and Chery on body welding and painting localization, creating 1,200 jobs.
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Agro-Industrial Sector:
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A partnership between Global Agrofood (Madar Group) and a Chinese investor to launch a large agricultural project in southern Algeria.
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An agreement between CRCC and an Algerian agro-industrial holding to develop the livestock sector.
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Home Appliance Manufacturing: A cooperation agreement between Condor and Hisense for local production of air conditioners and washing machines.
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Maritime Logistics: A joint project between Madar Marine and CRCC to manufacture maritime transport containers.
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Motorcycle Industry: An agreement between Sigma and China’s QJ Motor to produce 45,000 motorcycles annually by 2029.
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A multi-sector framework agreement between Madar and several Chinese partners.
Context and Geo-Economic Dynamics
According to AAPI, bilateral trade between Algeria and China reached $12.5 billion in 2024, solidifying Beijing’s position as the country’s largest trading partner. A total of 42 Chinese investment projects have been approved, amounting to more than $4.5 billion, including 22 direct investments and 20 joint ventures.
The growing activity of Chinese businesses in Algeria comes amid a global competitive environment. For other international players — including Russian companies — this creates both risks of being displaced from traditional sectors and new opportunities through localized and high-technology partnership models.
Algeria aims to maintain a balanced external economic orientation, opening its market to both Eastern and Western investors. In this context, studying China’s expansion model, localization frameworks and cooperation structures could be valuable for strategic planning and adapting approaches of other countries.
RABC Information Service
