automobileEconomy

CNI: New advantages for Sovac, towards the lower prices of its commercial vehicles


Algeria – The National Council of Investment (CNI) has granted new benefits to Sovac Production Spa, which assembles the vehicles of the German Volkswagen brand in Algeria.

Meeting on October 30, the CNI has agreed to extend the benefits granted to touring vehicles for light commercial vehicles produced by Sovac Production Spa, ALG24 has learned from a source familiar with the matter.

The ANDI (National Agency for Investment Development) was thus responsible for "signing with the promoter an amendment to the investment agreement extending the benefits thereof," says our source.

These new tax advantages could thus lower the prices of light commercial vehicles assembled by the Mourad Oulmi dealer plant.

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