From News 24
Renault on Tuesday inaugurated the second phase of its giant low-cost car factory in Morocco, whose opening last year sparked anger in France, amid opposition to the so-called “localization” of manufacturing.
The second stream at the plant outside Tangiers, which will produce the Dacia Sandero model, will allow the French car maker to double output at what it says is the biggest factory of its kind in Africa.
Production is due to reach 340,000 vehicles in 2014.
Renault has also launched a project in Oran, in western Algeria, but the planned factory there is smaller, with an expected annual output of 75 000 cars destined for the local market.
Jacques Prost, the company’s country director, and Morocco’s industry minister Abdelkader Amara inaugurated the second production line at the Renault-Tanger plant, which cost some €400m.
Total investment in the Moroccan factory, which currently employs 5 000 people, now stands at around one billion euros.
Read more at news24.com