PARIS, Aug 31 (Reuters) - Carlos Ghosn, the chief executive of French carmaker, will go to Morocco on Saturday to sign a deal to build a new factory that could produce up to 200,000 cars a year, a French newspaper said.
French daily Les Echos reported on its Web site that the new factory would be situated near the northern city of Tangier and would buildand branded cars.
A Renault spokeswoman said the company had no comment to make on the report.
Renault already has a major presence in Morocco, where it produces the low-cost Logan car.
Renault shares closed up 0.8 percent at 99.02 euros on Friday. The stock has risen nearly 10 percent since the start of 2007, less than a 30 percent increase in the DJ Stoxx European automotive sector over the same period.