Peugeot manufacturing plant

Overview:

• French car maker Peugeot entered into an investment agreement with the Kingdom of Morocco to develop a new car production factory near Kenitra, Morocco. 
• The factory will produce compacts, subcompacts and engines.  
• The factory should be able to build 100,000 vehicles a year by 2019, and 200,000 vehicles a year by 2023. 
• The investment agreement was signed in Rabat on June 19, 2015. 

Rani Mehta - Journalist