First Independent Mena Newspaper
Korean HANDS Corporation, aluminum wheel manufacturer, opened on Tuesday a plant in Tangier, its first production site in Africa, enhancing Morocco’s automotive cluster, which is attracting a growing number of investors in this highly competitive industry. The Korean group has invested over €400 million in its Moroccan factory to create up to 1600 jobs. […]
Morocco is on its way to become the world’s third largest producer of aluminum wheels as it continues to attract investments by world automotive industry giants. On July 26, China’s Citic Dicastal signed a deal with the Moroccan government to build two plants for auto wheel production in Morocco with an investment of €350 million […]