Japanese bearing maker to open plant in Morocco

Source: Xinhua| 2017-06-30 04:47:03|Editor: huaxia
Video PlayerClose

RABAT, June 29 (Xinhua) -- Japanese firm JTEKT, a bearing maker, will establish a manufacturing facility in the northern Moroccan city of Tangier, the Tanger-Med Port announced on Thursday.

The plant will span over a surface of 6.5 hectares at the Tangier Automative City Zone located in Tanger-Med Port, the Moroccan port said in a statement.

It aims to provide a direct supply for the growing automobile industry in Morocco, the statement said.

With 15-million-euro investment as a first step, the construction works will start in 2018, it said.

The initial production capacity is expected to reach 230,000 units a year, it noted.

The Japanese firm JTEKT provides major vehicle manufacturer with steering system for manoeuvring car and drive parts to propel car forward. Enditem

KEY WORDS:
YOU MAY LIKE
EXPLORE XINHUANET
010020070750000000000000011100001364050831