Asia Business Headlines International Morocco

Japan’s Furukawa Opens Optical Fiber Plant in Tangier

Japan’s Furukawa Electric opened in Tangier Automotive City a plant specializing in optical fiber, the first for the Japanese giant in North Africa and the Middle East. The plant was built for a cost of 200 million dirhams over a surface area of 31,000 square meters and is expected to create 200 direct jobs. “Furukawa’s […]

Headlines Morocco

Spanish Europac launches first outside Europe plant in Tangier

The Spanish group Europac, specializing in the production of packaging paper and cardboard, inaugurated this week an integrated packaging plant in Tangier Automotive City (TAC,) dubbed Europac Packaging Med. The plant, the company’s first outside Europe, required a €30 million investment, which is the largest amount injected by the Europac Group in an industrial unit […]