Morocco Aims to Surpass China, India in Global Auto Manufacturing Competitiveness by 2025

"I tell you that we will be at the level of the best global competitiveness before 2025. Today, it is China and India that are ahead of us. We will work tirelessly and put all the energy and means so that our partners are the best," the minister said during the signing ceremony of the new roadmap with the French group, on July 27 at the Somaca plant in Casablanca.

The new roadmap for the development of the French group’s ecosystem for the period 2021-2030 sets the local sourcing target at 2.5 billion euros as early as 2025, compared to 1.5 billion euros in 2023 previously announced. Similarly, it targets 3 billion euros in the long run. The Group intends to increase its local integration rate to 80% in the long run, compared to 65% in 2023.

For MHE, Renault Morocco’s new objectives are "revolutionary". "... All these agreements are leading us to a new stage in the national automotive industry, that of electric vehicles and even more complex processes. The vehicles coming out of Moroccan factories are state-of-the-art, at the best cost and at the highest level of international competitiveness," added the minister.