Asia Business Headlines International Morocco

Automotive: Yazaki & Sumitomo to invest over $103 Mln in Morocco

Japanese Corporations Yazaki, which makes car components, and Sumitomo Electric Industries will set up four plants in Morocco for a $103 million investment. These plants will create 8300 jobs and support Morocco’s car industry. The two Japanese groups signed on Tuesday separate agreements with Moroccan authorities in a ceremony chaired by Minister of Industry and […]

Asia Business Europe Headlines International Maghreb Morocco

Morocco’s car-making sector, a magnet for world-class suppliers

Morocco keeps attracting global car parts manufacturers thanks to the infrastructure and business climate it offers. Yazaki is one of the Japanese car part manufacturers who grabbed the investment opportunities offered by Morocco as a platform for exports to Europe and Africa. The company, which opened its first Moroccan plant in Tangier in 2000, is […]