SIGNING OF AN INVESTMENT AGREEMENT

The National Agency of Investment Development (ANDI) and SPA Mediterranean Float Glass MFG (Subsidiary CEVITAL Group) signed Tuesday, December 25, 2012, an investment agreement in accordance with Ordinance 01-03, as amended and supplemented on the development of Investment.
The investment agreement is the realization of two projects:

These two projects, the amount of which is estimated at 19, 7 billion DA will create 3420 jobs with 3120 in the commune of Ain Taghrout.
The proposed extension of the plant Arbaa aims at strengthening domestic production of glass by bringing it to 400,000 / year.
 
The project of production Complex of windows and doors aims the production of about 5 million units (windows and doors) intended to meet the needs of new housing and other health and educational infrastructure.)