PIOMBINO. This afternoon at Mise appointment between Issad Rebrab and the deputy minister Claudio De Vincenti: Cevital is called to present his business plan together and financially, the meeting will also attend the special commissioner, Piero Nardi, the President of the Region, Enrico Rossi, the Mayor Massimo Giuliani, officials of the Ministry of Labour and the Environment. At the end, a meeting with the participation of trade unions.
Yesterday offices Lucchini has continued to work late to deepen the contents of a plan on which, doing the math, there was not much time to operate, whereas only about ten days was abandoned plans to restart of the blast furnace. It therefore remains to be seen whether – considering how the overall project is divided on three bases, namely agribusiness, port logistics and steel industry – the Plan will be complete in terms of the technical details. Likely to be more detailed on the first two aspects, in any case must provide guarantees of sustainability from the financial point of view, as required by De Vincenti.
Of course, compared to a huge investment to do in a short time as provided for the possibility of re-ignition of the blast furnace, from economic point of view the new perspective seems to propose at least in the start-up phase costs more reasonable. Because the issue is not that of the economic potential in absolute terms by Rebrab, one of the richest men in Africa, but rather the ability to move large amounts of capital from Algeria, to the rigidity of the laws in your country.
Situation far made more complicated by the difficult relations between Rebrab and the Algerian government. And ‘these days, however, a thunderstorm, which could have major repercussions on investment in the former Lucchini. Last year at this time it Rebrab accused the government of “blocking development projects Cevital ‘, leaving the Forum of Algerian entrepreneurs, thus causing a harsh reaction from the Ministry of Industry and the chill in relations.
According to reports when Tsa ( Tout sur l’Algerie, the most important digital newspaper Algerian) instead these days there was a sudden rapprochement. Before the Trade Minister, Amara Benyounes, visited the headquarters of Cevital, to Bejaja – first time a member of the government – without emphasizing the absence of Rebrab which could be considered a snub, however, explained his collaborators “with Italian commitments that at this time it often held out of Algeria. ” So the same Benyounes few days later he invited Rebrab all’assise to intervene in foreign trade. On that occasion, the president of Cevital reiterated that “for the quantity and quality of production Cevital has passed Algeria from importer to exporter country in all its activities. It ‘time to liberalize business activity, which must be respected by the people it employs, the foreign currency it brings, its contribution to the tax revenue of the State. ” At the end of his speech Rebrab was invited to the table of Ministers, where long conversed with Benyounes own.
Meanwhile, yesterday, the eve of the meeting of the Mise, Mayor Giuliani said to expect “a plan on which the unions and the government can begin to treat the contract terms and to discuss and verify the timing and mode of production. All this in view of the final signature that we hope will happen as soon as possible. “
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