Delphi, Linamar to build new plants in Morocco-minister

Mon Jul 4, 2016 5:27pm EDT
 
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CASABLANCA, July 4 (Reuters) - Canada's Linamar Corp will build a 2.7 billion dirhams ($280 million) plant in Morocco to make engines' parts, Moroccan industry minister said on Monday.

Moulay Hafid Elalamy said U.S. auto parts maker Delphi will also launch a new factory making electrical distribution systems and a research and development center in the North African kingdom.

The Moroccan minister was speaking in a press conference where he announced Morocco's new investment charter to boost the country's emerging industry.

(Reporting By Aziz El Yaakoubi; Editing by Marguerita Choy)