King Mohammed VI chairs the inauguration ceremony of the French PSA group’s ecosystem
His Majesty King Mohammed VI on Thursday June 20th was in the province of Kenitra to chair the inauguration ceremony of the French PSA group’s ecosystem.
The project which is worth a €280 million investment will be expected to produce up to 100,000 vehicles and associated engines annually, and launched the extension works of this industrial complex, whose production capacity will be doubled by 2021, instead of 2023 as initially planned, while creating up to 4,000 jobs.
This shows and confirms that the thriving car industry in the North African Kingdom.
The project which is worth a €280 million investment will be expected to produce up to 100,000 vehicles and associated engines annually, and launched the extension works of this industrial complex, whose production capacity will be doubled by 2021, instead of 2023 as initially planned, while creating up to 4,000 jobs.
This shows and confirms that the thriving car industry in the North African Kingdom.
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