Daewoo To Invest Up To $900Mn In Morocco
The head of Daewoo Group's subsidiary in Morocco said on 24 February that the South Korean conglomerate plans to invest up to $900mn in various sectors of the Moroccan economy. The company has increased its initial investment program of $500mn by $400mn, of which about 70% is earmarked for household electrical equipment production, according to Mr. In-Soon Chen. Among the company's other interests in Morocco are projects...
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