Automotive industry: Tangier gets in phase

The city of the Strait is in the phase of becoming a hub for the automotive industry in the Mediterranean region with the start of activity, in a few weeks, of the Renault factory, synonymous with the launch of a new industrial subsidiary with high added value. The Tangier region has turned for years already towards this promising sector, through the installation of several component manufacturing units in the Tangier Free Zone (TFZ), helped in this by the geographical proximity to Europe and the availability of qualified labour. But the advent of the French automotive giant undoubtedly constitutes a real qualitative and quantitative leap that will place Tangier among the automotive production hubs on a global scale. The Renault factory, the cornerstone of a future international automotive platform. The creation of the Renault factory, which required an investment of 600 million euros o…