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Renault, suppliers to invest $1 billion in Moroccan component production

Renault's modern Tangier plant is expected to reach an annual production capacity of 400,000 vehicles. (Reuters)
April 11, 2016 05:00 AM

RABAT, Morocco (Reuters) -- Renault, together with a partner group of suppliers, will invest 10 billion dirhams ($1.04 billion) in Morocco to build an "industry ecosystem" to help boost local production of components.

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