Japanese automotive supplier JTEKT has launched the construction works of a plant to produce electric power steering systems. The plant, the Japanese group’s first in the MENA region, is located in Tangier. With an initial investment of $22 million, the factory aims to reach an initial production capacity of 300,000 units a year when it […]
Morocco and the World Bank have signed a $500 million financing agreement, representing the first tranche of a loan destined to strengthen human capital for a resilient Morocco. The financing aims to improve protection against health risks, loss of human capital as well as to improve climate risk management and resilience to catastrophic events. The […]
As the head of the Moroccan government expresses satisfaction at its half-mandate achievement, a new report pointed to the need to address challenges posed by 1.5 million Moroccans who are not engaged in education, employment or training, known as NEET. The report by the economic social and environmental council (CESE) said the high number of […]
