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Renault expands Morocco tech presence with Tétouan shore engineering hub

Renault Technology Morocco (RTMA) is establishing a new engineering center at Tétouan Shore, strengthening the French automaker’s technological footprint in Morocco as the kingdom emerges as a critical link in Renault’s global value chain. The research and development center will spearhead vehicle renewal and development projects for Renault Group while supporting Moroccan manufacturing operations. The […]

Morocco, a Major Export Hub, Says Japanese Paper

Japanese leading financial paper, Nikkei Asian Review, highlighted the attractiveness of Morocco for foreign direct investment thanks to a conducive legal framework, developed infrastructure, skilled workforce and proximity to European markets. “Morocco is emerging as a vibrant hub for numerous industries, with a raft of global manufacturers operating and building factories in the country on […]

Morocco targets economic diversification to secure long-term growth

Morocco has taken a series of reforms to diversify the triggers of growth for its economy away from dependence on agriculture, phosphates and tourism through developing competitive industries and diversifying its trading partners. Agriculture weights about 15% of the Moroccan economy making the amount of rainfall key to influence economic performance. Last year, cereals output […]