# VIE and Hwaway to build USD 32.7 million auto parts plant in Morocco

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%.

- Type: New facility
- Announced: 2025-03-19
- Where: Tangier, Morocco
- Value: $32.7M (30.0M EUR)
- Status: announced
- Products: auto components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hwaway Technology](https://endata.com/companies/82650.md) (investor)
- [Zhejiang VIE Science & Technology](https://endata.com/companies/83615.md) (investor)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-vie-hwaway-to-set-up-usd327-million-car-parts-plant-in-morocco), 2025-03-20: "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."

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