Recovery of seized industrial assets: Two brick factories under state control

The process of recovering confiscated industrial properties and reviving them as production mechanisms continues. Two additional brick manufacturing facilities have been integrated into the public industrial portfolio. They were officially opened in the Adrar province by the Minister of Industry, Yahia Bachir.

The minister welcomed the strides made in finalizing these industrial projects, asserting that the outcomes achieved thus far validate the state’s strategy focused on reclaiming seized industrial assets. This successful economic policy preserves national production capabilities while generating employment opportunities, he maintained.

During a working and inspection tour conducted on Sunday to the Adrar province, the Minister of Industry voiced his satisfaction regarding the realization of these industrial projects during a press briefing at the conclusion of his visit. He noted that this initiative aligns with public policy aimed at integrating recovered industrial assets and transforming them into active production resources capable of contributing to wealth generation and job creation.

“This visit allowed us to evaluate three strategic projects focused on construction materials manufacturing, developed and managed by the industrial construction materials company (SIMCA), a branch of the GICA Group,” the minister explained. He emphasized that this achievement reflects government determination to enhance the value of confiscated properties and embed them within the national industrial framework.

The assets include the Fenoughil brick factory located south of Adrar, which received an injection of 1.76 billion dinars. It boasts an estimated production capacity of 300,000 tons annually—equivalent to 60 million bricks—and offers roughly one hundred direct jobs. Additionally, the brick factory situated in the provincial capital has been commissioned with a theoretical capacity of 130,000 tons per year, backed by a 2.36 billion dinar investment that generates approximately one hundred employment positions.

Furthermore, the minister inspected the Timadnine-1 brick plant in the provincial capital, which benefited from a 1.25 billion dinar funding allocation and is projected to deliver an output of 72,000 tons annually upon completion of its refurbishment.

Yahia Bachir also revealed that the comprehensive investment volume channeled by public authorities through SIMCA and GICA for these three industrial units exceeds 5.37 billion dinars. Total output capacity is set to surpass 552,000 tons per year, representing more than 110 million individual bricks. This demonstrates, he noted, “the state’s commitment to transforming these reclaimed assets into productive operations capable of generating added value.”

According to the official, these facilities are expected to satisfy the construction material demands of southern provinces, thereby reducing transportation and supply expenditures. These initiatives are also anticipated to accelerate regional development.

The reclamation of confiscated assets, spanning numerous business sectors, follows directives issued by top national authorities. This portfolio holds immense significance because it incorporates these holdings back into the broader industrial fabric.

Several strategic infrastructure projects across multiple sectors have already been recovered and brought online. Notable examples include the retrieval and commercial operation of an oilseed crushing complex located in the Jijel province.