Having settled in Morocco for 80 years, Renault is the leader of the Moroccan car market with its brands Renault and Dacia. Already holder of a production unit in Casablanca (SOMACA), the Group launched in 2008 the construction works of a vast industrial complex in Tangier.

1) The decision to install the Renault Project at Tanger Med in Morocco was based on several factors:

• Prospects related to the automotive sector in Morocco with a rapidly growing equipment rate and an attractive domestic market
• Wide trade zone to which Morocco provides access because of its geographical proximity to several European and African countries and opportunities offered by the Agadir Agreement
• Good infrastructure conditions through primarily the Tangier Med port and the dedication of space (13 hectares) to the exportation of Renault vehicles
• Solid wage and fiscal competitiveness that allows Morocco to target the competitiveness levels of Romania
• Support of public authorities and  presence of a financial partner for the Renault Tanger Méditerranée Project (The Caisse de Depot et de Gestion contributes by up to 48% to Renault Tanger Med Project)
• Free Zones in Tangier and Tetouan which facilitate the installation of vendors near the industrial complex