facebook
twitter
rss
account
search
search
 

Rheinmetall to build vehicle assembly plant in Algeria

Rheinmetall of Germany is building a military vehicle assembly facility in Algeria, but products produced can only be used by Algeria, according to a report.
By Richard Tomkins   |   Aug. 27, 2014 at 5:27 PM   |   Comments

ALGIERS, Algeria, Aug. 27 (UPI) -- Rheinmetall, the German defense manufacturer, has been give government approval to build a military vehicle assembly plant in Algeria.

According to a report by Forecast International, the contract for the facility was given the go-head by the German government's Ministry for Economic Affairs and is worth $37 million.

The factory is reportedly part of an earlier $3.5 billion deal and will be located about 248 miles east of the city of Algiers. It will assemble nearly 1,000 vehicles from parts shipped to the country.

Included in the production will be Fuch armored vehicles, the report said.

The vehicles will be for Algerian use only.

In other Rheinmetall news, Forecast International said Rheinmetall plans on establishing a facility in South Africa that would develop various types of munitions.

Talks are reportedly being held with a potential launch customer.

© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russian currency crashes Russian currency crashes
2
GenDyn UK picks Lockheed Martin for vehicle turrets GenDyn UK picks Lockheed Martin for vehicle turrets
3
Report: U.S. on path to energy independence Report: U.S. on path to energy independence
4
SM-6 long-range interceptors on target in U.S. Navy test SM-6 long-range interceptors on target in U.S. Navy test
5
New submarine set for commissioning New submarine set for commissioning
Trending News
Around the Web
x
Feedback