London - Morocco's automotive sector is aiming to create 90,000 jobs by 2020 in addition to the 100,000 that already exist, the British magazine "Financial Times" (FT) said.
London – Morocco’s automotive sector is aiming to create 90,000 jobs by 2020 in addition to the 100,000 that already exist, the British magazine “Financial Times” (FT) said.
The plant produced 229,000 cars in 2015, up from export 174,000 the year before, FT pointed out, adding that the bulk of its output is destined for Spain, France and Germany.
The Renault plant, along with a range of tax and other incentives offered in Morocco’s free trade zones, has also attracted foreign makers of car parts, FT added, noting that some 150 automotive-related manufacturers are based in Morocco.
With MAP