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The automotive sector in Morocco resists the crisis

The automotive sector has shown great resistance to the impacts of the crisis caused by the Covid-19 pandemic. In the first quarter of 2021, the sector recorded growth of 38.9%.

In its recent statistics, the Foreign Exchange Office reported that automotive sector exports were MAD 22.602 billion in the first quarter of 2021, compared to MAD 16.274 billion in quarter 1 of 2020, an increase of 38.9%. The segments affected by this increase are those of “Construction” at more than 51.9%, or +9.18 billion Dirhams, “Wiring” at more than 23.4%, or 7.6 billion Dirhams, the ” Interior vehicles and seats ”at 24.9%, or 2.3 billion Dirhams.

This increase is proof that Morocco is putting it all on the development of the country’s automotive sector. In addition, several construction factories, including Renault factories in Tangier and Peugeot factories in Kénitra, are located in the country and promote the establishment of an ecosystem with the creation of thousands of jobs. Thanks to these factories, several young people opt for mechanical and automotive studies to benefit from the multiple opportunities that arise in this sector in Morocco.

In addition, in a study, the Moroccan think tank Policy Center for the New South (PCNS), indicated that “with the establishment of Renault Melloussa, the share of automotive assemblies and constructions will increase significantly, from 12% in 2011 to 47% in 2018”. An improvement that made it possible in 2018 to have a coverage rate of trade in automotive goods of all kinds of 72%. In addition, this year, many companies want to improve their production in the kingdom. These include Clayens NP Morocco through the expansion of its industrial unit in Mohammedia, specializing in the production of precision metal parts, or Stellantis (ex-PSA) and the Technical Center for Vehicle Equipment Industries “Cetiev “, Who have just installed a new site “Cetiev 2.0”.

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