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| phosphate project PPI between China and Algeria |
Historic energy project between Algeria and China
By order of Algerian President Abdelmadjid Tebboune, after receiving the initial payment of Chinese funds for investment in Algeria.
Which exceeded half a million dollars, Minister of Energy and Mines Mohammed Araqab received a delegation from China National Chemical Engineering Company "CNCEC".
Led by the Vice President of the Company Xiaogang Hu, according to an official statement of the Ministry, during the meeting the parties stopped updating the partnership file between the Chinese complex.
Through its branches on the one hand, the Sonatrak complex, Asmadal and the Algiers mines complex on the other.
Built-in phosphate project "PPI"
In the integrated Historic energy project "PPI" between Algeria and China, and infrastructure projects related to the project.
The meeting took place in the presence of the Director-General of the Sonatrak Complex, the Director-General of the Algiers Mines Complex and the Director-General of the Asmdal Complex.
In addition, the Ministry of Algeria highlighted Minister Mohamed Araqab.
What is the benefit of the built-in phosphate project "PPI"?
The importance of this project through Sonatrac, the mines of Algeria and Asmdal, in valuing the creative mineral resources of wealth.
as well as in the provision of raw material needs, which are included in various private manufacturing industries.
High value added stresses the need for exchange of experiences, technology transfer and composition between the two countries.
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