The subsidiary of the Continental ContiTech Group will develop and manufacture automotive cooling systems (HVAC) at Tangier Automotive City in the Tangier Med industrial platform. This industrial project covers a total area of 5,500 m² for an investment of 3.6 million euros and will deliver the Moroccan market, as well …
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The French company Sealynx automotive Morocco, a subsidiary of Sealynx International (GMD Group), inaugurated in Tangiers a new production unit specializing in the manufacture of automotive gaskets, for a total investment of 22 million euros. The inauguration ceremony was attended by the Minister of Industry, Trade, Green and Digital Economy, …
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It’s moving for the future wind farm of Boujdour. The contracts for this 300 MW project were signed by ONEE, the Moroccan Agency for Sustainable Energy (MASEN) and the consortium of Nareva Holding (Morocco) and Italian company Enel Green Power. The group won the contract with the German wind turbine …
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MIE Groups, the organizer of CTW’s trade fairs and conferences, today unveiled the details and features of the third edition of China Trade Week Morocco 2019. The three-day show will open from December 16 to 18, 2019 at the International Fair of Casablanca. The second edition organized in 2018 had …
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According to the Minister of Foreign Affairs, African Cooperation and Moroccans living abroad, Nasser Bourita, 2/3 of foreign direct investment (FDI) in Morocco is destined for Africa, which makes the Kingdom the 2nd African investor in the continent and the first in his region of West Africa. Moroccan exports went …
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Africa and its development constitute a “priority” in the foreign policy of the Kingdom of Morocco, said Tuesday in Berlin, the Minister of Foreign Affairs and African Cooperation and Moroccans living abroad, Mr. Nasser Bourita. “To say that Africa is a priority for my country is not a statement, but …
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The US rating agency Fitch Ratings has awarded the expected rating “BBB-” to the next international loan of Morocco denominated in euros. “The awarding of a final grade is subject to the receipt of final documents in line with the information already received,” said Fitch Rartings, adding that the expected …
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The 1st Salon Smart Entreprise Morocco is held Tuesday and Wednesday, November 20 in Casablanca. The event brings together the different actors of the world of entrepreneurship such as people wishing to embark on the adventure, project leaders, start-up creators, business leaders, financial organizations … The show is organized by …
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The global argan market is still dominated by Moroccan products. Professionals in the sector expect double-digit growth by 2024, during which time Moroccan production should always be in pole position. The global market demand for argan and argan oil is growing steadily, especially for cosmetic uses. Morocco has always established …
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Morocco has been ranked, according to Agency Fitch, the fifth largest foreign exporter to Europe with an installed capacity of 700,000 vehicles, making it the No. 1 in Africa. The integration rate of the automotive industry is 60%. More than 250 equipment manufacturers have already settled in Morocco, forming an …
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