{"id":57473,"date":"2017-06-20T07:00:00","date_gmt":"2017-06-20T09:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/peugeot-starts-building-plant-in-morocco\/"},"modified":"2019-06-30T12:46:50","modified_gmt":"2019-06-30T15:46:50","slug":"peugeot-starts-building-plant-in-morocco","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/peugeot-starts-building-plant-in-morocco\/","title":{"rendered":"Peugeot starts building plant in Morocco"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; French carmaker PSA, the owner of brands Peugeot and Citro&euml;n, has started building a plant in Kenitra, near Morocco&rsquo;s capital Rabat last week. The facility will be located inside a free zone with an annual production capacity of 200,000 vehicles, <em>Maghreb Arabe Presse (MAP)<\/em> has reported.<\/p>\n<p>Construction is slated for completion in 2019. The plant is expected to create 3,500 direct and 20,000 indirect jobs, Morocco&rsquo;s minister of industry and Trade Moulay Hafid Elalamy said at a launch ceremony. <\/p>\n<p>According to Elalamy, the plant will start out with a 60% local content rate, which will later be increased to 80%. Morocco&rsquo;s auto industry has made strides over the past few years, especially in auto parts. France&rsquo;s Renault already owns two auto plants in the country. <\/p>\n<p>Also at the ceremony, PSA chairman Carlos Tavares noted that the project is part of a global strategy for the group, which is planning to expand in the Middle East and North Africa. Tavares added that sales in the region doubled from 2014 to 2016.<\/p>\n<p>Tavares also said the carmaker expects to sell 1 million vehicles in those markets by 2025, 70% of which will be made locally. The company entered into a cooperation agreement with a network of training institutes for industry professionals. <\/p>\n<p>The plant will be built over a 54-hectare area. Construction is expected to take 30 months, involving 1,500 workers and 100 different companies. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-191413\">MAP Photo<\/div>\n","protected":false},"excerpt":{"rendered":"<p>France\u2019s PSA is also the owner of brand Citro\u00ebn. The manufacturing is due for completion in 2019 and its production capacity will be 200,000 vehicles per year.<\/p>\n","protected":false},"author":2316,"featured_media":191413,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-57473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"France\u2019s PSA is also the owner of brand Citro\u00ebn. The manufacturing is due for completion in 2019 and its production capacity will be 200,000 vehicles per year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=57473"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/191413"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=57473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=57473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=57473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}