
Alstom Expands Morocco Operations with $10.5 Million Investment in Fez Plant
Already established in Fez, the Alstom company has announced new investments, with the creation of a new production line, which will be operational in early 2023.

Already established in Fez, the Alstom company has announced new investments, with the creation of a new production line, which will be operational in early 2023.

Foreign investors can now acquire agricultural land in Morocco, based on Law No. 62-19, which came into force this year. The measure opens up new opportunities for Spanish companies in the agricultural sector.

The Indian company, Samta Group, announced on Tuesday investments of more than $100 million in Morocco in the mining sector.

After months of renovation, the Casablanca zoo in Aïn Sebaa will soon welcome its first visitors. Visits will be free.

Tanger Med Zones (TMZ), the developer-developer, a subsidiary of the Tanger Med group, has launched the call for expressions of interest (AMI) to recruit the company that will be responsible for the development and management of the outlet project, in the new commercial zone located between Tetouan and M’diq.

Morocco has all the assets to become an indispensable player in Africa, according to a report by BBC World News that praises the merits of the kingdom on the continent.

Five projects for investment agreements and addenda, for a total of 3.96 billion dirhams (MMDH), were examined and approved by the Investment Commission.

Morocco will grant a one-year visa to Indian investors wishing to explore the Moroccan market.

The oil and gas company SDX Energy announced on November 19 the start of the second phase of the drilling operation launched in the northeast of the Gharb basin in Morocco.

Tanger Med Zones, the developer subsidiary of the Tanger Med group , announced on Monday the launch of an outlet project in the new commercial area located between Tetouan and M’diq, at the level of Cabo Negro. A way to directly attack the main attraction of Ceuta.

The ["mule women"] who shuttle between Morocco and Sebta have benefited from training and project financing, after the definitive cessation of smuggling activities.

Morocco proceeded on Monday, in the city of Antwerp, to the launch of the second edition of the "Maghrib Belgium Impulse" (MBI) program, a program designed to encourage Moroccans living in Belgium to take an interest in business opportunities in Moroccan regions.