Highlights

Mr. BOUSSAID: The Renault group’s new project in Morocco "Ecosystem RENAULT" confirms the sound vision of HM KING MOHAMMED VI : 08/04/2016

Mr. BOUSSAID: The Renault group’s new project in Morocco "Ecosystem RENAULT" confirms the sound vision of HM KING MOHAMMED VI

"The launch of the Renault group’s new project in Morocco" Ecosystem RENAULT" supports the sound vision of His Majesty King Mohammed VI, that achieved qualitative results in the development of national industry and reaffirms the sustainable stability of the Kingdom at all levels. In addition, it reiterates the attractiveness of Morocco and its ability to attract more investment in a number of crucial sectors, "stated Mr. Mohammed BOUSSAID, Minister of Economy and Finance.

The Minister, in his speech to the media, on the sidelines of the launch ceremony of this new project ‘, stressed that this program will boost the domestic auto industry to be well positioned worldwide. This opening ceremony was chaired, Friday, April 8th, 2016 in Rabat by His Majesty King Mohammed VI, May God Assist Him, accompanied by HRH Crown Prince Moulay El Hassan.

​ The Minister also stressed that the new project aims to develop a global platform of supply and activities 'new generation'. He added that the program has mobilized 10 billion dirhams of investment and will generate additional revenues of 20 billion dirhams per year. He also stressed that it will achieve a local integration rate of 65%.