The Kingdom Of Morocco And The Renault-Nissan Alliance Sign The Final Agreements
Posted by Knightkrm at 2:27 PMRabat (Morocco), in the presence of, Mr. Abbas El Fassi, Prime Minister of Morocco: Mr. Salaheddine Mezouar, Minister of the Economy and Finance, Mr. Ahmed Chami, Minister of Trade, Industry and New Technologies, Mr. Karim Ghellab, Minister of Equipment and Transportation, Mrs Amina Benkhadra, Minister of Energy, Mining, Water and the Environment Mr. Jamal Arhmani, Minister of Labor and Professional Training and Mr. Bernard Rey, Renault Senior Vice President, representative of Renault s.a.s, Mr. Christian Estève, representative of the Renault Tangier Mediterranean project enterprise, signed a framework agreement and six application agreements.
By signing these agreements, the Renault Nissan-Alliance confirms the project to build a manufacturing complex near Tangiers. These agreements are in accordance with the protocol signed on September 1, 2007 in the presence of his Majesty King Mohammed VI, by Mr. Driss Jettou, Prime Minister and Mr. Carlos Ghosn, President of Renault and President of Nissan. The Renault-Nissan Alliance will start work on the manufacturing complex in February 2008. The new complex, which will include an assembly plant, will be located on a 300-hectare site inside the Tangiers Mediterranean Special Economic Zone and will use the TangerMed port platform. Once completed, the site will have an operating capacity of 400,000 vehicles per year (200,000 vehicles per year from 2010), providing the Renault-Nissan Alliance with one of the largest manufacturing complexes in the Mediterranean. Representing a global capacity investment of more than €600 million, the complex will create 6,000 direct jobs and 30,000 indirect jobs. Under the lead of Renault, this site will extend Renault's manufacturing system for the production of competitive vehicles derived from the B0 Platform (Logan platform) and Nissan's system for the production of new-generation light commercial vehicles. On December 1, 2007, Edouard Armalet was appointed General Manager of the Renault Tanger Méditerranée project. http://www.paddocktalk.com/news/html/modules.php?op=modload&name=News&file=article&sid=75178 |
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