A Memorandum of Understanding has been signed in this regard by Moroccan minister of National Education & Vocational Training, Saïd Amzazi and Korea’s ambassador to Rabat Seong Dok Yun.
Under the MoU, Morocco pledges to teach African managers and supervisors the necessary skills and latest techniques for a competitive and high-quality automotive industry. The trainees will also receive an advanced coaching in South Korea.
Under the four-year training program, Morocco also commits to share its know-how in the sector and help several African countries including Cameroon, Senegal, Côte d’Ivoire and Tunisia to build an African car industry that respects international standards.
The South Korean diplomat said his country looks forward to enhancing its cooperation with Morocco in vocational training, stressing the importance of the Casablanca automotive institute which stands as a training hub for African countries.
In Morocco, the thriving car industry is yielding positive results and breaking all national export records. The automotive cluster has been one of the recent success stories of the Moroccan economy. It has grown into a cluster with a vehicle production of 167,000 per year, €2.8 billion in exports and 85,000 employees.
The sector has posted far better results in exports & revenues than phosphate and agriculture. The Moroccan government uses the combination of low inflation and low-cost labor, tax incentives, an improved transportation infrastructure as well as economic and political stability to attract automotive companies.
French automaker Renault operates two vehicle assembly plants in Morocco, in Casablanca and in Tangier, where it already produced its millionth vehicle since opening the factory in 2012. PSA Group will begin building cars near the Moroccan coastal city of Kenitra in 2019.