Independent journal on economy and transport policy
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Agreement between the Erenav Algerian and the Martifer Portuguese in order to realize a ship yard to Arzew (Oran)
It will be constituted joint venture participated with 51% by the North African public company and with 49% from the European industrial group
June 29, 2015
The Enterprise Nationale de Réparations Navales (E.RE.NAV.), public society Algerian who is under responsibility of the Ministry of Transportation, has signed an agreement with the industrial group portuguese Martifer in order to constitute joint venture that a yard for the naval constructions, repairs and conversions in Algeria will realize and manage.
The new society will be participated with 51% from remaining Erenav and 49% from Martifer. The new navalmeccanico plant will be realized to Arzew, a harbour city to 40 kilometers from Oran, where already the society Algerian has a yard.
The new yard will head initially at the market national, in particular to the requirements of renewal of the fleet of the navigation company Algerian CNAN, in order then to concentrate itself also at the acquisition of store clerks from abroad.
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