Automotive

"The automotive industry is increasingly globalized and makes its own development plans and investment where it finds the best conditions in the world," the Italian newspaper "La Stampa" citing Morocco among the countries offering more incentives to businesses. In an article entitled "From Morocco to Turkey: in this way, policies attract investment," the newspaper recalls in this respect the facilities provided by the Kingdom for the establishment of a Renault plant in Tangier with a capacity of eventually 400 000 vehicles per year. "La Stampa", which refers in this article the crisis in the Italian automaker "Fiat", also highlights the benefits granted by Morocco in terms of tax, infrastructure and manpowerexemptions.