Chinese Firms Completed $2.8 Billion in Moroccan Projects in 18 Months
Chinese companies announced nearly $8 billion in projects in Morocco over ten years. By mid-2026, completed projects totaled $4.7 billion, according to Rhodium Group. More than half of that amount was concentrated in the final eighteen months of the period.
Chinese companies completed $1.6 billion worth of projects in 2025, followed by $1.2 billion in the first half of 2026. The total for those eighteen months, $2.8 billion, exceeds that for the rest of the decade. The figures were provided by Armand Meyer, an analyst at Rhodium Group, to Türkiye Today, which published them on November 15.
From 2017 to 2025, China accounted for 4% of all foreign investment received by Morocco, according to calculations by Thierry Pairault, emeritus research director at the CNRS, cited by the same media outlet.
Materials for European factories in Kenitra
The automotive and battery sectors account for most of the major projects still pending or under construction. In Kenitra, Gotion High-Tech signed an agreement in June 2024 worth 12.8 billion dirhams for the first phase of its battery factory.
In September 2026, Volkswagen announced that one of its subsidiaries would take a 49% stake in a joint venture with Gotion. Their cathode materials factory project in Kenitra is intended to supply future battery cell production facilities in Valencia, Spain, and Šurany, Slovakia.
The Competition Council announced on November 12 that it had received notification of the transaction. Interested third parties may submit their comments to the council until November 23.
