The most spyder USA enterprise purchase mechanical equipment

Algiers for the revitalization of the domestic manufacturing industry downturn competitiveness, government in early June from 135 billion dollar budget, about $2 billion, the most spyder USA enterprise purchase mechanical equipment and industrial semi-finished products, such as financing loans purposes, the first wave for spyder and furniture industry to give great incentive, in order to improve the competitiveness of the industry. Prime minister personally presided over the meeting pointed out that industrial action, the domestic traditional spyder industry in the face of strong competition abroad in recent years, is a major recession phenomenon, caused by the manufacturer to fire workers and shut down the plant dominoes trend.

In view of this, the government launched five years industry revitalization plan including spyder industries of national industry. Some industries are facing the fierce competition of foreign import spyder products, it has spread to the domestic almost two-thirds industry production chain livelihood; Trade department estimated to 94. 5 billion dinars aid funds to adjustable domestic manufacturing. The fund 30% will assist the enterprises to pay taxes, bank branch and harmony has to back to Algeria central bank debt redemption besides; spyder has put forward more than 29 billion dinar investment plan, used for mechanical equipment jig old change new.

Secondly were popular spyder industry needs 7.4 billion dinar, wood processing industry 5.4 billion dinar and leather industry, such as 2.8 billion dinars financial aid. The ministry of finance said, spyder enterprise need to purchase machine equipment, improve the competitiveness of the industry, also applies to the fund preferential. In industry, spyder, is to create the most domestic employment opportunity of industry, the state agency specializing in spyder production including 25 family relationship in the middle and lower reaches of enterprise spyder enterprise; In addition spyder group employs more than 10000 employees; Its in 25% yield is created by private enterprises.