Posts Tagged ‘FDI’

French manufacturers in Morocco | The Economist

How Morocco built an automotive production industry from scratch, creating jobs and making cars “the country’s single biggest export”: CONSIDERING the help provided to big foreign manufacturers in Morocco over the past few years, it would have taken a serious effort by them to fail. Renault, a French carmaker, for example, is thriving: of 2.8m cars it made globally last year, one in ten trundled out from its two shiny ...

APM Terminals to operate new automated port in Morocco’s Tangier | Reuters

A new investment in Morocco will improve transport infrastructure and boost trade: The world’s third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a new transhipment terminal in Tangier, Morocco, that will be the first automated terminal in Africa. The new container terminal will have an annual capacity of five million 20-foot equivalent units (TEU), and APM Terminals has the right to operate ...

Morocco: Third leading country in terms of FDI in Africa – study | StarAfrica

Morocco fared well (3rd in Africa) in Ernst & Young’s most recent report on investing in Africa, due to strategic support for foreign investments and economic development: [...] Morocco is once again doing better than its neighbors Algeria, Tunisia and Libya which have fallen out of the rankings. This can be explained by a sharp increase among the French companies which have exceeded their Spanish rivals to become leaders in ...

Siemens to build a wind turbine rotor blade factory in Morocco | Renewable Energy Magazine

Siemens is building a new wind turbine factory in Morocco, “the perfect location from which to serve the growing onshore wind power markets in Africa, the Middle East and Europe”: Siemens have entered into an agreement with the Moroccan government to build a new wind turbine blade factory in the country, creating up to 700 jobs. The new factory will triple Siemens footprint in Morocco. Construction is expected to start ...

Delphi to Establish its Fourth Factory in Morocco, Creates 3,500 Jobs | Morocco World News

U.S. auto manufacturer Delphi will open its fourth factory in Morocco: With an investment of MAD 400 million, American auto manufacturer Delphi will open a new factory in Meknes, Morocco, according to a Maghreb Agence Press (MAP). It will be Delphi’s fourth production plant in Morocco, after plants in Tangier and Kenitra. The plant, which will be operational in 2016, will allow for the creation of 3,500 employment, according to ...
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