Japanese auto-parts manufacturer choose Tangier from the first African location

The port of Tanger seems its attraction for foreign investors is far to have lost.

One of the market leaders in the field of auto parts and in particular electric directional systems will soon open the doors for the first time in Africa and the MENA region and has chosen for Tangier.

The Japanese company JTEKT Corporation will start as of next calendar year to the factory which 6.5 hectares. The factory will take the direct delivery to two car makers in Morocco, Renault and PSA, in parallel with other manufacturers and export markets.

In a press release makes it Tangier Med Office the arrival the world: "the project will have an excellent location in Tanger Automotive City, the beginning of the work is estimated at 2018." With setting up this establishment will reportedly about 15 million euros, the annual production capacity is more than 230,000 pieces.

With over 80 factories and suppliers knew the entire port of Tangier Med last calendar year for as many as 50 billion dirham to export. JTEKT Corporation has taken 136 locations worldwide, spanning 27 countries, reports Lefr360.