Asia Business Headlines Morocco Technology

Automotive: Chinese Jiangsu Yunyi Electric Invests $66 Mln in Tangier Factory

Jiangsu Yunyi Electric Company, a high-tech Chinese manufacturer specializing in automotive electronic components, has announced plans to invest $66 million in a production site in Tangier, Morocco’s automotive hub. In a press release, the Company says the Tangier plant will be an important overseas production base, leveraging local resources enhancing Jiangsu’s global competitiveness and medium- […]