Company news

Published January 19, 2008

RABAT: Renault-Nissan signed an accord on Friday with the Moroccan government for what it says will be one of its largest automobile-making operations in the world, set to be constructed near Tangiers.

“Renault-Nissan’s Tangiers-Med industrial complex, with an investment of 600 million euros, will have a capacity of 200,000 vehicles by 2010, which should then double,” said Christian Esteve, director of Renault-Nissan for the Euro-Mediterranean zone.—AFP

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