<?xml version="1.0" encoding="UTF-8"?> <rss
version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"> <channel><title>Chinese car plant opening in Morocco</title> <description>Interesting and good news as far as the employment it will generate. Also the ambition of making our country a hub is a smart move considering our proximity to the EU and major mediterranean markets, I'm not sure about the US market the article mentions though, it would make more sense to provide that market from a south american hub.[i]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 [b]make Morocco into a hub for the car industry[/b], as it maximises its free trade agreements with the European Union and United States and several Arab countries.&quot;The company will invest 275 million dirhams ($37.41 million) in the assembly plant. The plant will go on stream by the end of June, 2008,&quot; it said in a statement.Riad agreed deals with Chinese vehicle-maker Sinotruk, Mudan and Baw, to supply the assembly plant to be located in Settat region, near Casablanca -- Morocco's commercial capital.[/i]Source :
http://www.chinadaily.com.cn/bizchina/2008-05/20/content_6697928.htm</description><link>//en.yabiladi.com/topics/chinese-plant-opening-morocco-44-2524500-2524500.html#msg-2524500</link> <lastBuildDate>Wed, 10 Jun 2026 02:05:40 +0200</lastBuildDate> <generator>Phorum 5.2.15</generator> </channel> </rss>