French automotive giant PSA Peugeot Citroen said Friday it will build a 557 million euro ($632 million) automobile factory in Morocco with an annual production capacity of 90,000 units.
The plant, due to open in 2019 north of Rabat, will cater for "the needs of the region and of Moroccan customers," a statement said.
GMT 17:25 2017 Saturday ,29 AprilTurkey dismisses almost 4,000 public officials in new purge wave
GMT 17:24 2017 Saturday ,29 AprilMerkel says 'no one is allied' against Britain
GMT 16:00 2017 Saturday ,29 AprilEU needs 'serious British response' on citizens rights after Brexit
GMT 15:54 2017 Saturday ,29 AprilMerkel: 'no one is allied' against Britain
GMT 11:46 2017 Saturday ,29 AprilEU leaders 'unanimously' adopt Brexit guidelines
GMT 10:25 2017 Saturday ,29 AprilFrance's Hollande says Britain must pay price for Brexit
GMT 10:09 2017 Saturday ,29 April24 dead in Kyrgyz landslide: emergencies ministry
GMT 10:07 2017 Saturday ,29 AprilFrench candidate Le Pen announces eurosceptic PM pick, if elected