French Car Maker PSA Opens $630m Plant In Morocco

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French car maker PSA on Friday opened its 555 million-euro ($630 million) factory in Kenitra’s Atlantic Free Zone, near Rabat. Morocco’s Industry Minister Moulay Hafid Elalamy said at an official inauguration ceremony that PSA would initially produce an annual 100,000 cars in 2020 increasing to 200,000 by 2023. PSA’s investment has encouraged the setting up […]

 

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