
Morocco Aims to Rival India as Top Destination for Western Industrial Relocation
Leveraging its assets, Morocco is expressing its interest in the relocation of industry from Western countries, particularly European ones.

Leveraging its assets, Morocco is expressing its interest in the relocation of industry from Western countries, particularly European ones.

During its regular session in July, the Tamansourt Regional Council validated the project to create an industrial park dedicated to technology activities, to be installed on a 40-hectare domain acquired by the region for 40 million dirhams.

The Tétouan Park industrial park announces a virtual consultation in Morocco. The idea is to study the environmental and social impact that the launch of the phase 4 extension project could have on the entire region.

A team of Moroccan engineers and industrialists, under the supervision of the Ministry of Industry, has just set up a machine for producing double-strap protective masks.

Faced with the negative impact of the health crisis related to Covid-19 on the African economy, the Montaigne Institute calls on the authorities to support French companies in Morocco or other countries on the continent.

As part of the renewal of the urban transport fleet in Casablanca, Irizar Maroc is responsible for assembling buses in the kingdom. It reaches a local integration rate of 41% with an ultimate goal of 60%, according to the Minister of Industry, Moulay Hafid Elalamy.

The Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy, assures that Morocco could be "an important piece" of Europe’s competitiveness and production of tomorrow. He calls on the old continent for a long-term partnership.

With the global health crisis that has led to the shutdown of European and Asian industries, Morocco should prioritize domestic demand. In this regard, it will be necessary to encourage the improvement of the quality of its products to achieve this feat.

Despite the slowdown in the global market, Morocco has managed to integrate the automotive industry value chain through the expansion of its trade, making it an example. This is at least what the 2020 Arab Sustainable Development Report indicates.

While the Moroccan authorities have stimulated the local manufacture of sanitary products to meet the needs of the population, the same products are imported and flooding the local market to the dismay of local economic operators.

Moulay Hafid Elalamy, the Minister of Industry, wishes to revive industrial units after this health crisis. The aim is to preserve industrial activity and revive a more sustainable economic model that would promote "made in Morocco".

Morocco continues to inspire thanks to its strategy to respond to the coronavirus, and especially its management of the economic and social consequences of the health crisis on the country’s sectors of activity. The newspaper "Le Monde" already sees the kingdom emerging as an industrial hub at the gates of Europe.