VOL. XXXIX

No. 44

29-July-1996

MOROCCO

South Korea's Daewoo To Invest $500Mn In Morocco

Daewoo Corporation of South Korea has signed an agreement with the Moroccan Government under which it will invest a total of $500mn in various economic projects related to tourism, telecommunications and electronics. The agreement was signed on 22 July in Rabat by the Moroccan Prime Minister, Mr. 'Abd al-Latif Filali, and Daewoo's President, Mr. Woo-Choong Kim. Under the terms of the agreement,...