Morocco: American Alcoa Group Launches Production Plant in Casablanca
The new plant, named Alcoa Fixations Casablanca, required a €5.4 million investment. It covers a total surface of 6,300 square meters.
The new site is located at Casablanca free trade zone of Midparc, near the city’s international airport and is expected to generate up to 200 jobs.
Alcoa is already operating a plant at Bouskoura, near Casablanca. It also possesses three other factories specialized in training, pressing and screw fabrication.
The American giant possesses more than 30 plants around the world and has established its European base in France.
Morocco has become an attractive hub for most global aeronautic companies among which Airbus, Safran, Bombardier, Fleuron, Hexcelle.
The French giant Thales is also expected to start a shop in the Midparc.
Around 110 companies have established their local bases in Casablanca free trade zone which offers them exceptional business environment, including tax exemption for exportation for a period of five years.