Auto Glass: Japanese AGC to Set Up Joint Venture in Morocco | North Africa Post
Morocco to receive yet another investment in its burgeoning automotive manufacturing sector:
Japanese giant Asahi Glass Co. (AGC) has reached an agreement with Induver Holding to set up a joint venture in Morocco specialized in car glass manufacturing.
The joint venture is expected to start production in 2019. It will produce laminated glass and tempered glass. It is AGC Group’s first operation in North Africa.
The Japanese auto-glass maker has decided to invest in Morocco due to the country’s thriving economy, political stability and growing car industry, making of the country a production base for Europe…[FULL STORY]