Reuters
By Aziz El Yaakoubi
Canada’s Linamar Corp will build a 2.7 billion dirhams ($280 million) plant in Morocco to make engines’ parts, Moroccan industry minister said on Monday.
Moulay Hafid Elalamy said U.S. auto parts maker Delphi will also launch a new factory making electrical distribution systems and a research and development center in the North African kingdom.
The Moroccan minister was speaking in a press conference where he announced Morocco’s new investment charter to boost the country’s emerging industry.
(Reporting By Aziz El Yaakoubi; Editing by Marguerita Choy)
