French daily Le Monde reads. Renault declared that the information is pure speculation nd adds that it has various projects, including Algeria. Renault has been producing Logan models in Morocco and last year Algeria was the fourth market in terms of sales for Dacia.

Le Monde reads that the factory will be build in a suburb of the capital city with an investment of hundreds of million euro. The project needs to the be approved in an inter-ministerial agency, an investment committee as the French state owns 15% of Renault.

The French company declared that the information is just a speculation and that there are several projects taken into consideration.