France-Algeria mixed economic committee meets November 10 in Oran

France-Algeria Mixed Economic Committee (COMEFA) will meet on November 10 in Oran (432-km west of Algiers) to assess the progress of cooperation projects between the two countries, Jean Louis Levet, senior official of Algerian-French industrial and technological cooperation, said Thursday in Algiers.
The annual meeting coincides with the official inauguration of the car manufacturing plant Renault of Oued Tlelat (Oran), of which the Algerian side holds 51% of the shares via the National Company for Industrial Vehicles (SNVI, 34%) and the National Investment Funds (FNI, 17%) and  49% by the French manufacturer.
The committee, which will be chaired by the Algerian and French ministers, “will update the partnership projects initiated last year and which are at an advanced stage,” said Levet in a seminar held under the theme “identifying and intensifying partnership development between France and Algeria,” organized on the sidelines of the 8th International Industry Fair “Alger industries 2014.”
It is about creating specialized schools in the sectors of industry and logistics and about cooperation in standardization and metrology as well as co-coproduction partnerships,  said Levet.