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Morocco

Wuxi Xinhongye, China, and ACOME, France, plan joint venture in Morocco

On September 5, multiple sources reported that Wuxi Xinhongye Wire & Cable Technology is planning a joint venture with ACOME in Morocco. Wuxi Xinhongye will establish a wholly owned subsidiary in Hong Kong, which will enter into a joint venture with ACOME. They will invest USD 32 million. ACOME operates an automotive....

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