Peugeot to build €557m Morocco auto plant

GMT 20:14 2015 Friday ,19 June

Arab Today, arab today Peugeot to build €557m Morocco auto plant

French car maker Peugeot
Rabat - Arab Today

French automotive giant PSA Peugeot Citroen said Friday it will build a 557 million euro ($632 million) automobile factory in Morocco with an annual production capacity of 90,000 units.

The plant, due to open in 2019 north of Rabat, will cater for "the needs of the region and of Moroccan customers," a statement said.

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