# Citic Dicastal to build two aluminum wheel factories in Morocco

China's Citic Dicastal will invest EUR 350 million to build two aluminum car wheel factories in Morocco. The first factory in Kenitra will operate from 2019, and the second in Tangier Tech city later. Annual production capacity is 6 million units, mostly for export.

- Type: New facility
- Announced: 2018-07-26
- Where: Kenitra and Tangier, Morocco
- Value: $410.0M (350.0M EUR)
- Jobs: 1,200
- Starts operating: 2019
- Status: announced
- Capacity: 6 million units annually
- Products: aluminum car wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [CITIC Dicastal](https://endata.com/companies/19653.md)

## Sources

- [investing.com](https://www.investing.com/news/stock-market-news/chinas-citic-dicastal-to-produce-aluminum-car-wheels-in-morocco-1548002), 2018-07-26: "China's Citic Dicastal will invest 350 million euros in building two aluminum car wheel factories in northern Morocco"
- [xinhuanet.com](http://www.xinhuanet.com/english/2018-07/27/c_137350651.htm), 2018-07-27: "A global pioneer in the production of aluminium wheels will add up to the PowerTrain ecosystem and will surely introduce a high value-added to Morocco's car industry sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.