Delphi, Linamar to build new plants in Morocco | Reuters
Morocco continues to draw investment from automotive manufacturers, building an African hub for car makers:
Canada’s Linamar Corp will build a 2.7 billion dirhams ($280 million) plant in Morocco to make engine parts, Morocco’s industry minister said on Monday.
Moulay Hafid Elalamy said U.S. auto parts maker Delphi will also launch a new factory making electrical distribution systems and a research and development center in the North African kingdom.
Morocco expects auto industry exports to reach an annual 100 billion dirhams ($10.2 billion) by 2020 as a result of PSA Peugeot Citroen starting production at its new 557 million euro ($630 million) factory…[FULL STORY]