RenaultNissan Group CEO Hails King Mohammed VIs Support to Their Projects

Rabat – CEO of Renault-Nissan Group, Carlos Ghosn, on Friday hailed the constant support of King Mohammed VI to group projects in the Kingdom.“I praise the constant support brought by HM King Mohammed VI to our group. Under His impulse, the government has always stood alongside our group and its partners to facilitate their implementation and to encourage their development”, Ghosn said in a video-testimony screened at the launch ceremony, held Friday under the chairmanship of HM King Mohammed VI, of the new project of the Renault group, “Renault Ecosystem”.On this occasion, Ghosn called upon Renault partners to write, with the constant support of the King and His government, the next chapter in the industrial and commercial adventure of the group in the Kingdom under the sign of leadership, confidence and competitiveness. The current challenge for the Renault group is building an ecosystem based on the effective contribution of all stakeholders, the CEO of Renault-Nissan said, noting that the conditions for the success of the “Renault ecosystem” are based on “continuing progress in quality made in recent years by our supplier partners, as well as improving their competitiveness”.The new project, worth 10 billion dirhams, consists of developing an international supply platform. It has an additional turnover of 20 billion dirhams yearly, thus increasing threefold the amount of manufactured parts purchased by Renault on the Moroccan territory.This ecosystem will treble the number of jobs created by Renault, generating 50,000 new permanent jobs.The training of new executives will be provided by proven mechanisms in the automobile sector.With MAP

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