RABAT Women's Jaire Alexander Jersey , Dec. 10 (Xinhua) -- Morocco's recent signing of an agreement with China's BYD, a leading electric vehicle maker, is set to boost its ambitious auto manufacturing industry.
Under the agreement signed on Saturday, BYD will build a factory in Morocco to produce battery-powered vehicles in the northern city of Tangier, which is expected to employ 2,500 people.
The factory is planned in an area of 50 hectares (0.5 square km) in the new Mohamed VI Tangier Tech City, as part of a project between China and Morocco to set up a large scale industrial hub in northern Morocco.
The 1-billion-U.S. dollar industrial park aims to host hundreds of Chinese companies in numerous industries, including auto manufacturing, aerospace, aviation spare parts, electronic information, textiles and machinery manufacturing.