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Tanger Med could benefit from EBRD loan to PSA Peugeot

Tanger Med, Morocco (PortSEurope) September 10, 2019 – The European Bank for Reconstruction and Development (EBRD) has agreed to a €75 million subscription in a Schuldschein issuance by Peugeot S.A. (PSA), for use by its subsidiary in Morocco. This will support increasing the production capacity of PSA Morocco’s vehicle assembly plant in Kenitra from 100,000 to 200,000 vehicles per year…

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