First Independent Mena Newspaper
Morocco’s aviation industry is cruising full speed steadily and spreading its wings for takeoff. This is what the figures released by the aeronautics federation (GIMAS) show. The domestic sourcing rate of the sector jumped from 17% in 2016 to 29% in 2017, while exports value rose by 18.4 during the same period. This progress is […]
Aeronautics is a key component of Morocco’s Industrial Acceleration Plan. The sector aims to generate a turnover of 2.8 billion dollars and create 23,000 jobs by 2020. The figures were announced by Industry Minister Moulay Hafid El Alamy in a statement to local media saying that the goals set for the aeronautics sector include reaching […]
A South African online newspaper published a detailed report on Morocco’s use of technology for developing its economy through the creation of techno parks offering incentives to start-ups, promoting employment and attracting foreign direct investments. “Morocco’s hi-tech story is about applying existing technology to create business opportunities and improve governance and service delivery,” said Greg […]
Hexcel Corporation has announced plans to build a 117,000-square-foot manufacturing plant in Casablanca, Morocco. The $ 20 million new facility will enhance Hexcel global engineered core capacity. This project is part of the US company’s worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. […]
Moroccan and American government representatives and leading businessmen are expected in Atlanta, Georgia, on October 13 to take part in the second edition of the Morocco-US Trade and Investment forum. The gathering aims at promoting investment, trade and partnership opportunities between Moroccan and U.S. companies in the areas of renewable and hydrocarbon energies, aeronautics & […]
Morocco launched on Wednesday an ambitious plan meant to foster industrial growth, reinforce the country’s economic resilience, and confirm its place among emerging nations. At a ceremony chaired by King Mohammed VI, Minister of Industry Moulay Hafid Elalamy presented the details of the new 2014-2020 industrial growth strategy, which represents “an evolution of emergence towards […]