First Independent Mena Newspaper
American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million. When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and […]
King Mohammed VI launched Friday in Rabat a new structural project of car-manufacturer Renault group in Morocco called “Renault Ecosystem.” The project, meant to consolidate the positioning of the Moroccan automotive sector on the world chessboard, requires an investment of about $1.0 billion and will develop a global supply platform for the manufacturer. The sovereign […]
Chinese operators and firms have started looking towards Morocco for new locations of their businesses or production units. The Chinese Shandong Shangang group, a world leader in the manufacture of steel products, is one of these groups which decided to set up a unit in the Tangier free zone in Northern Morocco. A memorandum of […]
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 […]