Morocco's Riad Motors plans Chinese vehicle plant

Newswire

RABAT, May 19 (Reuters) - Riad Motors Holding, Morocco's leading family-owned importer and distributor of heavy trucks and utility cars, will open this year the biggest China-made vehicle assembly plant in North Africa, Riad said on Monday.

The Rabat government wants to make Morocco into a hub for the car industry, as it maximises its free trade agreements with the European Union and United States and several Arab countries.

"The company will invest 275 million dirhams ...

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