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Zhejiang VIE Science & Technology and Hwaway Technology will invest EUR 30 million to build an auto components factory in Tangier, Morocco, through a joint venture. Hwaway will own 65% and VIE 35%.
“Chinese vehicle parts manufacturers Zhejiang VIE Science & Technology and Hwaway Technology are preparing to invest EUR30 million to build an auto components factory in Morocco.”yicaiglobal.com
Summarized from public sources; check the original articles before acting on it.