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Automotive industry in Morocco. The Moroccan automotive industry is led by investment by French Renault-Nissan Alliance and PSA Group car companies. BYD leads the Chinese investment in Morocco. Investment is encouraged by the Moroccan government by removing certain taxes in the first five years [1] in order to encourage the companies to come.
It is part of new plan of the Moroccan Ministry of Transport, which will invest 660 billion dirhams in the transport and logistics sector. Completed roads.
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When was the rial introduced in Morocco?
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History. The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper falus, silver dirham and gold benduqi . In Spanish Morocco, the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas.
The Société Nationale des Autoroutes du Maroc (ADM) is Morocco 's national authority for the management of over 1400+ km of Moroccan expressways. [1] . ADM is based in Rabat . ADM runs the network on a pay-per-use basis, with toll stations placed along its length.
- 1989
- road management
- public services
- société anonyme
The Idrisid dynasty or Idrisids ( Arabic: الأدارسة al-Adārisah) were an Arab Muslim dynasty from 788 to 974, ruling most of present-day Morocco and parts of present-day western Algeria. Named after the founder, Idris I, the Idrisids were an Alid dynasty descended from Muhammad through his grandson Hasan.
Morocco instituted a series of development plans to modernize the economy and increase production during the 1960s. Net investment under the five-year plan for 1960 to 1964 was about $1.3 billion. The plan called for a growth rate of 6.2%, but by 1964 the growth rate had only reached 3%.
