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FINANCIAL NEWS
Morocco’s car exports to hit high USD10b in 5 years
09 Nov 2015
(MENAFN) Morocco projects car industry outbound shipments to hit an annual USD10.2 billion by the year 2020, based on the latest reports.
This positive surge is mainly attributed to PSA Peugeot Citroen beginning production at its all-new USD630 million factory in the country.
It’s expected to raise total industrial component of GDP to 20percentr, let alone that the plant will mean others may come to produce too.
Morocco’s auto industry has already exceeded traditional Moroccan exports like agriculture and phosphates, with its exports hitting USD3.5 billion at Sep-end.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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