Japanese bearing maker to open plant in Morocco
RABAT, June 29 (Xinhua) -- Japanese firm JTEKT, a bearing maker, will establish a manufacturing facility in the northern Moroccan city of Tangier, the Tanger-Med Port announced on Thursday.
The plant will span over a surface of 6.5 hectares at the Tangier Automative City Zone located in Tanger-Med Port, the Moroccan port said in a statement.
It aims to provide a direct supply for the growing automobile industry in Morocco, the statement said.
With 15-million-euro investment as a first step, the construction works will start in 2018, it said.
The initial production capacity is expected to reach 230,000 units a year, it noted.
The Japanese firm JTEKT provides major vehicle manufacturer with steering system for manoeuvring car and drive parts to propel car forward. Enditem
30 Jun,2017
