Morocco/March 14, 2019/Safaa Kasraoui /No Comment/145 views /Morocco King Mohammed VI, Macron to Inaugurate PSA Plant in Kenitra Aprilshare on:FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancelRabat – French President Emmanuel Macron is expected to make a second official visit to Morocco in April. Maghreb Confidential reported that Macron will arrive in Morocco to inaugurate the new PSA Peugeot Citroen plant in Kenitra, a city north of Rabat, with King Mohammed VI. The company is one of the leading firms in the Moroccan market. Its new plant in Kenitra is setting a goal to produce 100,000 cars in 2019. The plant is also seeking to double its annual production capacity to 200,000 in 2020. PSA considered its plan in Kenitra as the “best performing of the industrial plants of PSA Group.” The company aims to produce both cars and their engines in Morocco. Morocco’s Minister of Industry Moulay Hafid Elalamy said in 2018: “Having both the vehicle and the engine made in Morocco makes it possible to have an integration rate of 80 percent.” The Kenitra automotive construction site opened in early 2017. By the end of 2017, PSA Group had a total workforce of 350 in Morocco. In addition to the automotive industry, Morocco also partnered with France to make the project of the high speed train, or LGV, possible. King Mohammed VI and Macron inaugurated the high speed train, called Al Boraq, in November 2018. Al Boraq reaches a top speed of about 320 kilometers per hour between Tangier and Kenitra. It drops its speed to 160 kilometers per hour from Kenitra to Casablanca. The French government offered loans for 51 percent of the €2 billion overall cost of the project. Leave A Comment Below Related ALSO READ Ailing Algerian President Abdelaziz Bouteflika Says He Won't Run for 5th TermTags:Morocco share on: FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel previous articleCollapsed building: These pupils don’t deserve to die, Tinubu laments carelessnessnext articleFacebook blames server problem for massive outageRelated PostsMorocco/March 20, 2019 /No Comment Police Seize 80 Kg of Cocaine in Tangier, 6,000 Psychotropic TabletsMorocco/March 20, 2019 /No Comment OCP Made MAD 5.4 Billion Net Profit in 2018, Up by 19%Moroccan-Dutch Biker Forms Bonds with Moroccans Around the WorldMorocco Deplores UN Special Rapporteur’s Reasons for Canceling VisitISIS Spokesman Promises Revenge After New Zealand Terrorist AttackSale Court Adjourns Trial of Bouknadel Train Accident DriverBAM Gives Mixed Predictions for Moroccan Agriculture, Economy in 2019Morocco Says Iran Did Not Follow Rules for OIC Meeting in RabatMorocco’s FM Bourita Wants to Rid AU of ‘Sterile and Useless Debates’Morocco’s Bourita to Lead Delegation to 2nd Western Sahara Roundtable Leave a Response Cancel reply CommentName Email Sign me up for the newsletter! Notify me of follow-up comments by email. Notify me of new posts by email.