Renault and supplier partners to invest USD 1.04 billion in Morocco  [ Morocco ]

A partnership agreement was signed on April 8 between the Moroccan government and Renault to launch an "ecosystem" of suppliers.The ecosystem will be structured as a global supply platform providing for the Tangier plant and other Renault plants around the world.Renault and its suppliers will invest a total of MAD 10 billion (USD 1.04 billion) to create 50,000 permanent jobs, three times the am...