Geely to Establish First African Satellite Manufacturing Plant in Algeria
Zhejiang Geely Holding, through its subsidiary Geespace, will build Africa's first satellite manufacturing factory in Algeria, marking a significant step in Algerian-Chinese space cooperation. This initiative aims to develop a satellite research and application center, enhancing local technological capacity and reducing reliance on foreign suppliers. Signed cooperation agreements outline operational frameworks for satellite production and IoT services. The project is expected to generate specialized jobs and foster local startups, positioning Algeria as a strategic hub for the African space industry.
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Zhejiang Geely Holding has selected Algeria to establish Africa's first satellite manufacturing plant through its subsidiary Geespace. This project reflects a growing interest in the African market and positions Algeria as a key player in regional space technology production.
Geely plans to open a satellite research center to collaborate with local scientists and engineers on technology development and workforce training. Signed memorandums of cooperation define operational frameworks for satellite production and IoT services. This partnership aims to enhance Algeria's technological sovereignty and economic development, creating specialized jobs and fostering local startups in the space sector while aligning with national priorities in space technology.
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