Collins aerospace ecosystem to add $1 bln to Morocco’s aerospace industry

Morocco’s aerospace industry is expected to exceed 2019 levels as new big players invest in the country, the latest of which is Collins aerospace which signed a deal with Morocco’s industry ministry to build an ecosystem benefiting from an already existing platform

The exports of the aerospace sector up to May this year hit 877 million dollars, up 61% from last year. The minister told Reuters exports will exceed 2019 levels.

Collins Aerospace will follow Boeing’s suit in establishing a network of suppliers in the country that will make wire harness, fuselage, wing and engine parts, said Mezzour who signed the deal on the sidelines of Farnborough Airshow.

The total economic impact of the deal with Collins will generate an additional 1 billion dollars in the Moroccan aerospace sector, where already some 140 companies are making parts that represent 43% of an airplane.

The ministry is also filling gaps in the ecosystem by adding the cabin interior industry to the list of supplies that global airlines can source from Morocco.

In this respect, a deal was signed with Gal aerospace to set up a cabin interior plant in Morocco for a total cost of 12 million dollars.