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VALEO launches a industrial platform within Tanger med

After a successful experience in Morocco within the platform of Tanger Med Zones, the French group VALEO launched a new integrated industrial center. Through this project which will be located on Tangier Automotive City over an area of 8 hectares, VALEO will invest 50 million euros and develop the largest integrated industrial center for the group in the Africa-Middle East region with two product lines: Lighting and HVAC. It will allow direct supply from PSA (Kenitra) and Renault Tanger Med manufacturers in parallel to other export markets that already supply Europe and the US. VALEO Group is a leading global automotive supplier with an overall turnover of 14.5 bEUR, and 78,500 employees across the world.