Morocco’s Car Industry Attracting More & More Investors | North Africa Post

Morocco’s latest success in creating an automotive manufacturing ecosystem, which is boosting the country’s exports and creating jobs: Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open ...

Morocco Launches Incentives to Attract More Industrial Investments | North Africa Post

Following news of large investments in Moroccan manufacturing, more reforms and business incentives look to build on FDI momentum: Morocco announced on Monday an ambitious investment reform plan including multiple incentives, in a bid to capitalize on its business climate and political stability to attract more industrial investments. The incentives were revealed during a ceremony in Rabat chaired by King Mohammed VI. They include tax exemption benefiting industrial companies for ...

Delphi, Linamar to build new plants in Morocco | Reuters

Morocco continues to draw investment from automotive manufacturers, building an African hub for car makers: Canada’s Linamar Corp will build a 2.7 billion dirhams ($280 million) plant in Morocco to make engine parts, Morocco’s industry minister said on Monday. Moulay Hafid Elalamy said U.S. auto parts maker Delphi will also launch a new factory making electrical distribution systems and a research and development center in the North African kingdom. Morocco ...

Planes, Trains, Autos: A Haven From Mideast Chaos Is On The Move | Bloomberg

How Morocco has been able to transform its economy and attract new industries from the ground up: [...] Alcoa Inc. in May inaugurated a 200-employee factory near Casablanca to make aluminum fixtures for airplanes. On the same day in January, Hexcel Corp. announced plans for a plant in the same coastal city to build fuselage parts, and Switzerland’s TE Connectivity Ltd. said it’s building a cables assembly plant in Tangier. “There’s no ...
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