A $150 Million Chinese Factory Moves from Ningbo to Nador

The decision is no longer merely an announcement of an investment. In its half-year report published on August 24, 2026, Ningbo Boway Alloy Material confirms that its project to expand production of special electronic alloy strips will ultimately be carried out in Morocco.

The program was initially to be executed by a group subsidiary based in Ningbo, China. Boway has changed the location, the companies responsible for its implementation, its financing and its timetable. The new factory will be operated mainly by Boway Alloy New Materials Morocco, a subsidiary specially created in the Kingdom.

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The project’s total cost amounts to 1.076 billion yuan, or approximately $150 million or 1.5 billion dirhams. The group plans in particular to allocate 1.003 billion yuan from funds raised through an issue of convertible bonds.

The facility is to have an annual capacity of 30,000 tonnes of special alloy strips. These high-precision materials are used in numerous technology sectors, including electronics, semiconductors, connectors, electric vehicles and equipment intended for artificial intelligence servers.

Nador to serve Europe and the United States

In its report filed with the Shanghai Stock Exchange, Boway explains this reorganization by the rapid changes in international trade policies and the need to better meet the requirements of its major customers. The group is seeking in particular to reduce its exposure to customs barriers and bring its production closer to the European and North American markets.

The choice of Nador allows the Chinese industrial group to rely on the Bétoya industrial acceleration zone and the future port complex. Nador West Med is expected to begin operations at the end of 2026, with industrial and logistics zones set to host export-oriented activities.

The Moroccan site is expected to cover approximately 188,000 square meters. Its timetable has nevertheless been postponed: while the Chinese project was supposed to be operational in June 2026, the commissioning of the Nador factory is now scheduled for December 2028.

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Boway thus joins several Chinese groups already established in this part of Morocco. Nador is notably home to the Aeolon group’s wind-turbine blade factory, while manufacturer Shandong Yongsheng Rubber is building a nearby facility capable of producing 18 million tires per year.

The Boway project had been known since 2025 and had already been the subject of technical meetings in Morocco. The novelty lies in its financial and industrial confirmation: the group is no longer merely preparing an investment in Nador; it has officially transferred the project, the financing and the future production capacity from Ningbo.