Hyundai, in partnership with the Omani group Saud Bahwan, is set to open a $400 million vehicle manufacturing plant in Algeria by 2026. This ambitious project aims to boost the local automotive industry and cater to growing demand in Algeria and Africa.
Algeria's national automotive industry continues to grow, with Hyundai planning a significant return after exiting the market in 2020. The $400 million investment will result in the construction of a plant producing a range of vehicles, from low-cost SUVs to electric models, aimed at both the local and African markets. The project will also generate thousands of jobs, supporting Algeria's industrial growth.
The plant will produce vehicles designed to meet the demand for affordable cars, a move aligned with global energy trends, such as electric mobility. Scheduled to begin production by the end of 2026, the plant will also contribute to Algeria’s strategic goal of enhancing its local value chain in manufacturing, distribution, and automotive services.
Hyundai’s return marks a strategic shift, with the company seeking to leverage Algeria's economic reforms and investor incentives, as well as its proximity to both African and European markets.
The Hyundai plant is a significant development for Algeria, promising thousands of jobs and reinforcing the country’s position as a key player in the African automotive industry. By 2026, Algeria will be home to Hyundai’s "Made in Algeria" vehicles, a major milestone in the country's industrial transformation.
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