First Independent Mena Newspaper
Spanish car component manufacturer, Teknia Group, has opened a new plant in Tangier to boost its production capacity. The new factory, which replaces an existing plant set up by the group in 2011, is built over a surface area of 2,700 square meters, the Group said in a statement. The Spanish group operates in the […]
The Madrid-based company Gestamp, which specializes in the design, development and manufacture of highly engineered metal components for the automotive industry, has unveiled plans to build a plant in the Moroccan town of Kenitra, located around 40 km away from Rabat, next to the plant that PSA is building in the town. The facility is […]
The German group Prettl specializing in the manufacture of auto parts announced earlier this week the construction of a new industrial site in the ”Automotive City” in Tangier, for an €8 million investment. According to data presented during the groundbreaking ceremony for the new plant, the unit will have an overall production capacity of up […]
Spain’s car parts maker, Ficosa, is planning to set up in Morocco a plant specialized in producing in-vehicle cameras, Spanish media reported. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, plans to invest €50 million in two new plants in Morocco and Malaysia respectively. The Moroccan factory will be located in […]
The production of the millionth car by the Tangier Renault plant marks the success of a unique public-private partnership putting Morocco on the map of the global automotive industry, said Industry and Investment Minister, Moulay Hafid Elalamy. Speaking Monday at a press conference on the occasion of the celebration of the export of the millionth […]
Moroccan automotive industry is gaining momentum and growing at a rapid pace due to incentives and competitive factors attracting more and more investors and makers of car parts. These factors include Morocco’s proximity to European market, modern infrastructures, free trade zones, qualified cheap manpower, open economy and stability. French car manufacturer Peugeot-Citroën has just launched […]
The automotive industry in Morocco has become the leading export sector, thanks notably to the investments of French automaker Renault Group that celebrated the export of 1 million vehicle made in its Moroccan plants of Tangier and Casablanca. “Renault is a success story that we would like to duplicate in other sectors,” said Industry and […]