国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Africa

Chinese company signs on for $250m Moroccan tire plant

By Pan Zhongming | chinadaily.com.cn | Updated: 2017-05-24 21:24
Share
Share - WeChat

NAIROBI, Kenya - A Chinese company signed a $250 million contract to build a tire plant in Morocco.

CAMCE Vice President Hu Wei signed the contract with TIJAN Vice President Ibrahim Khayat and it was witnessed by CAMCE Chairman Luo Yan and TIJAN Executive Vice President Ahmed Khayat.

The tire plant project is in Kenitra city in Morocco. CAMCE will engineer, procure machinery and materials, and construct a pneumatic rubber tire manufacturing facility capable of producing 3 million semi-steel radial passenger car and light truck tires a year.

The scope of the work includes technology transfer, engineering design services, civil construction, installation, procurement of machinery and materials, commissioning, testing and personnel training.

The project is expected to open up a new industry in Morocco and bring tax revenue via an estimated turnover of $240 million per year.

The agreement, which was signed on May 15, will directly create 950 jobs in its first phase. Considering the employment multiplier effect, some spinoff jobs would be created by the project. As the factory expands in the future, it is likely to create more jobs.

Morocco is a very important potential country in the China Belt and Road Initiative. In 2014, the Moroccan government announced the 2014-2020 Industrial Acceleration Plan, which emphasizes China as a key partner. Meanwhile, the project owner is a Saudi enterprise; Saudi Arabia is one of the key countries in the Belt and Road Initiative. In May 2016, the government of Saudi Arabia announced the 2030 Vision to accelerate industrialization and technological innovation to diversify the country's heavy economic reliance on oil and boost economic development. The Belt and Road Initiative also shares the same sprit as 2030 Vision.

The Morocco Tire Factory Project reflects the essence of China-Arabia-Africa cooperation and could become an example of such cooperation.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
隆安县| 兴海县| 镇远县| 兴安县| 昌乐县| 丹东市| 六枝特区| 湖南省| 松阳县| 广西| 平乐县| 文安县| 田阳县| 军事| 华容县| 漾濞| 瑞金市| 水城县| 二连浩特市| 定兴县| 南澳县| 宜兰县| 嘉荫县| 通许县| 白水县| 宁晋县| 安图县| 蒙城县| 永川市| 故城县| 方正县| 繁昌县| 兴宁市| 仪陇县| 文山县| 浪卡子县| 和平区| 灵石县| 永丰县| 德化县| 武宁县|