Business

Algerian firm seek partnership with Vietnamese peers

Groupe des Frères Rahmoune (GFR), a family firm of Algeria, had an online meeting with Vietnamese businesses on August 20 to seek partnership in the fields of automobile and motorbike import-export, packaging, agriculture, construction materials, and tourism.
Algerian firm seek partnership with Vietnamese peers ảnh 1A delegation of  the Vietnamese Embassy in Algeria visits the ceramic factory of GFR (Photo: VNA)
Algiers (VNA) – Groupe des Frères Rahmoune (GFR), afamily firm of Algeria, had an online meeting with Vietnamese businesses onAugust 20 to seek partnership in the fields of automobile and motorbike import-export,packaging, agriculture, construction materials, and tourism.

Operating in the fields of commerce, industry andagriculture since 1986 in Algeria, so far the GFR has had 12 member companies, includingone specialising in automobile and motorbike import-export in Dubai.

The firm’s business portfolio includes fields of brick and ceramicsmanufacturing, building materials trade, food industry, tourism, real estate,milk production and bakery, and import and distribution of automobiles andmotorcycles. It is expanding to other business areas.

Algerian firm seek partnership with Vietnamese peers ảnh 2Vietnamese Ambassador to Algeria Tran Quoc Khanh (L) and GFR CEO Ahmed Rahmoune at the meeting (Photo: VNA)
At the meeting, Vietnamese Ambassador to Algeria Tran QuocKhanh and Trade Counselor Hoang Duc Nhuan highlighted Vietnam’s economic achievements,potential and strengths in areas of GFR’s interest, and pledged to help connectit with Vietnamese enterprises.

GFR CEO Ahmed Rahmoune showed his interest to setting up partnership with Vietnamesebusinesses, underlining the possibility of partnering with Truong HaiAuto Corporation (THACO) in importing and distributing buses, tractors andmotorcycles. It also wished to cooperate with VinGroup in distributingVinFast electric cars and motorbikes in Algeria.

GFR works with Mecanimex company to seek suppliers of large-sizedpackages for its cement and clinker factory, and with other Vietnamese firms to find suppliers of molasses to meet the import demandof more than 36,000 tonnes per year for the bakery chains of membercompanies.

Ahmed Rahmoune said that the firm is seeking a partner to build a waterpark at the group's coastal resort, and interested in cooperating withVietnamese peers in other areas such as renewable energy, aquatic farming, pharmaceuticals, and telecommunications./.
VNA
#Groupe des Frères Rahmoune (GFR) #automobile and motorbike import-export #Truong Hai Auto Corporation (THACO) #Algeria #Vietnam #Vietnam news #Vietnam News Agency Algeria
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