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China based Jingdong Steel’s USD 500 million investment in Algeria reached 60% completion

Construction of the USD 500 million steel plates and pipes plant built by Jingdong Steel in M’sila province, Algeria, has reached 60% completion. The facility, with an annual capacity of 500,000 tonnes, is expected to allocate half of its output to export markets.

China based Jingdong Steel’s USD 500 million investment in Algeria reached 60% completion

China based Jingdong Steel has completed 60% of construction works at its steel plates and pipes manufacturing plant located in the Dhraâ El Hadja industrial zone in M’sila province, Algeria. The development was announced by the Algerian Investment Promotion Agency (AAPI). The USD 500 million project is being developed on a 36 hectare site and is designed to reach an annual production capacity of 500,000 tonnes.

The project will comprise two main production units, a steel plate line with an annual capacity of 200,000 tonnes and a steel pipe unit with a capacity of 300,000 tonnes per year. Approximately 50% of total output is planned for export markets, positioning the facility as a strategic hub for construction grade steel and pipes in North Africa. The land concession agreement for the project was signed in June 2025.

The plant is expected to source the majority of its raw materials from Algeria’s Gara Djebilet iron ore deposit, with local input usage projected to reach 80%. Upon completion, the project is anticipated to create 1,114 direct jobs. Plans are also underway to establish a training center to support technology transfer and workforce development.

Meanwhile, data from the World Bank indicate that China’s share in Algeria’s foreign direct investment inflows has increased significantly over the past five years. Between 2020 and 2025, nearly one third of announced FDI projects in the country were attributed to Chinese investors. 

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