First Independent Mena Newspaper
Bombardier, Canadian multinational aerospace and transportation company, is set to invest in a rail industry cluster in Morocco that will serve as a hub for boosting exports to the African market. The announcement was made by the Chairman of the Moroccan branch of Bombardier Transport, Taoufiq Boussaid, who stressed the pertinence of the new investment […]
Moroccan aeronautic industry is growing rapidly thanks to incentives granted to investors, proximity to Europe, low labor costs, stability and political will to make this sector a driving force of economic growth and development. This highly Moroccan competitive sector continues to attract foreign investment and gain trust of giant manufacturers such as American Boeing which […]
Canadian aviation industry giant, Bombarider is planning the relocation of parts of its production from its factories in Northern Ireland to Morocco and Mexico in a bid to cut costs. Bombardier, which employs around 5,000 staff in Belfast, confirmed the transfer of “certain activities” it said it was “unable to undertake competitively in Northern Ireland”, […]
Morocco is forging ahead with its industrialization plan, which attaches particular importance to aviation-related industries. The recent opening of Latsima’s factory to supply Airbus is part of an endeavor to make Morocco a hub for aeronautic industries by attracting component suppliers for leading aircraft manufacturers. The new factory is located in the outskirts of Casablanca […]
American aeronautic group Alcoa (Aluminum Company of America) launched, via its branch Alcoa Fastening Systems, a plant in Casablanca as part of its expansion program in Morocco. The new plant, named Alcoa Fixations Casablanca, required a €5.4 million investment. It covers a total surface of 6,300 square meters. The new site is located at Casablanca […]
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. […]
The US Automaker Ford became last week the 60th international company to establish regional headquarters in Casablanca Finance City. Ford which has just obtained the CFC status will base the African regional headquarters of its branch, the Ford International Business, in Casablanca Finance City wherefrom it will manage its operations across the continent. The CFC […]
Morocco’s aeronautics industry sector which has constantly progressed since it was launched in the late nineties of the last century has attracted this week a € 45 million new investment. The investment will be injected by Aerolia, an Airbus Group subsidiary, and Alcoa, a global leader in lightweight metals technology, which has reoriented its activity […]
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 […]