Today marks a historic moment for Algeria, as SARL BOMARE TECHNOLOGY CORPORATION is officially launched. This company is the result of an unprecedented Algerian-Chinese partnership, which is dedicated to technology transfer between China and Algeria.
Indeed, during the economic mission to Beijing carried out by Mr. President Abdelmadjid Tebboune and the Algerian companies, Mr. Ali BOUMEDIENE in his capacity as general manager of BOMARE COMPANY under its commercial brand STREAM, signed a historic contract with the Chinese partner TOP TECH. This agreement marks the beginning of an unprecedented collaboration between the two nations and opens up promising prospects for Algeria's technological development.
The main objective of SARL BOMARE TECHNOLOGY CORPORATION is to enable the development of products in Algeria with Algerian gray matter in collaboration with the Chinese partner, this will also allow the joint production of innovative solutions adapted to the specific needs of the Algerian market and the 'international.
Thanks to this joint venture, Algeria will finally be able to access a wide range of technological knowledge, thus strengthening its position on the world stage.
Mr. Ali BOUMEDIENE expressed his pride and optimism regarding the future of Algeria in the technological field. He said: ''The BOMARE TECHNOLOGY CORPORATION SARL is concrete proof of Algeria's desire to progress towards technological independence''.