Nexans Announces 100 Million Euro Investment in New Cable Factory in Morocco to Create 200 Jobs by 2026

2023-12-14 13:43:00

Published on Dec 14 2023 at 2:43 p.m.

PARIS (Agefi-Dow Jones)–Nexans announced Thursday that it had signed two memorandums of understanding with the Moroccan government relating to an investment project of 100 million euros, in order to create a new cable factory in the country horizon 2026.

This investment will enable the creation of more than 200 direct jobs, Nexans said in a press release.

This will be the group’s third medium-voltage energy cable factory in Morocco.

-Vincent Alsuar, Agefi-Dow Jones; 01 41 27 47 39; [email protected] ed: FXS

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

December 14, 2023 08:43 ET (13:43 GMT)

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