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Monday, January 21, 2008

Renault-Nissan to Build New Plant in Morocco

The Renault-Nissan Alliance is continuing to spread its global tyre tracks as it signs an agreement for manufacturing facilities in Morocco. The Franco-Japanese Alliance already has an assembly plant in Rosslyn, South Africa, among other places, and this new agreement signals its intention to increase sales and output dramatically in the next few years. Renault will start building the complex in February 2008.

Tangier will be the location of the manufacturing site, which has the capacity to produce 400,000 vehicles per annum and provide 6,000 direct jobs and 30,000 indirect jobs. A number of vehicle derivatives from Logan's B0 Platform and Nissan's LCVs will be manufactured through the facility.

Press Release

The Kingdom of Morocco and the Renault-Nissan Alliance signed the final agreements for creation of manufacturing complex in Tangier. 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.


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