Amara: 2012 was a decisive and promising year for the Moroccan aeronautical sector.
30 December 2012
Read by 3954 persons
The year ending was marked by the signing in June by the Bombardier group and the Moroccan portfolio and real estate management company, MIDPARK Invest, of a promise to sell land to house the Bombardier factory in Morocco, located in the P2I Aerospace City zone of Nouaceur. The Moroccan government and the Canadian group concluded a memorandum of understanding in November 2011 for the creation of the Bombardier industrial unit, which will specialize in the production of aeronautical components. This investment, totaling approximately $200 million over 8 years, will create approximately 850 direct jobs. Production of the first Bombardier aircraft components made in Morocco will begin in 2013.
"The signing of this agreement and the launch of the 125-hectare P2I industrial zone, which will be reserved specifically for aeronautics, prove Morocco's ability to attract internationally renowned investors," said the Minister of Industry, Trade and New Technologies, Abdelkader Amara, in a statement to the MAP agency. 2012 was a year of prospecting all markets, according to Mr. Amara, who recalled his presence at the Farnborough International Airshow (southwest of London) organized in July. It was an opportunity to "tour the aeronautics giants (Boeing, Airbus, Bombardier, Embraer and others) and try to sell Morocco as an investment destination in aeronautics," he said.
To sell, don't you have to be attractive and know how to show off your charms? The minister answers in the affirmative. "There is a very important foundation that must be understood. There is a value chain that the more you develop it, the more investments you attract," he explained. In addition to an industrial reception infrastructure that meets international standards (P2I zone), human resources must be qualified by providing them with adequate training to meet the demands of a very demanding international market. "We need to create jobs that would allow a group like Bombardier or Airbus to say '+this interests me, I'm moving in+," he added.
"We have an aeronautical trades institute (IMA) that has started and which we will expand because there is demand and it will allow us to qualify human resources in a high-tech field," specified Mr. Amara. With "a hundred companies operating in the aeronautical sector achieving a turnover of 7 billion dirhams (MMDH), destined 100% for export," Morocco is positioning itself as a preferred destination for aeronautical subcontracting. The Kingdom also presents a competitive advantage regarding operating costs.
Compared to Southern Europe for certain financial positions, costs are up to 30% cheaper. Within the framework of the National Pact for Industrial Emergence, the estimated potential for sector development in Morocco by 2015 is around 4 billion dirhams (MMDH) of additional GDP and the creation of 15,000 new direct jobs. These objectives were estimated on the basis of the development of eight high value-added trades, including metalworking, assembly, engineering and design, electrical systems and wiring, maintenance, transformation and modification of aircraft.
Morocco, which has seen the establishment in recent years of major global references in the aeronautical sector such as EADS, Boeing, Safran and Bombardier, aims to see even more major global contractors land on its runway.
Aeronautique.com
Posted on December 30, 2012.
"The signing of this agreement and the launch of the 125-hectare P2I industrial zone, which will be reserved specifically for aeronautics, prove Morocco's ability to attract internationally renowned investors," said the Minister of Industry, Trade and New Technologies, Abdelkader Amara, in a statement to the MAP agency. 2012 was a year of prospecting all markets, according to Mr. Amara, who recalled his presence at the Farnborough International Airshow (southwest of London) organized in July. It was an opportunity to "tour the aeronautics giants (Boeing, Airbus, Bombardier, Embraer and others) and try to sell Morocco as an investment destination in aeronautics," he said.
To sell, don't you have to be attractive and know how to show off your charms? The minister answers in the affirmative. "There is a very important foundation that must be understood. There is a value chain that the more you develop it, the more investments you attract," he explained. In addition to an industrial reception infrastructure that meets international standards (P2I zone), human resources must be qualified by providing them with adequate training to meet the demands of a very demanding international market. "We need to create jobs that would allow a group like Bombardier or Airbus to say '+this interests me, I'm moving in+," he added.
"We have an aeronautical trades institute (IMA) that has started and which we will expand because there is demand and it will allow us to qualify human resources in a high-tech field," specified Mr. Amara. With "a hundred companies operating in the aeronautical sector achieving a turnover of 7 billion dirhams (MMDH), destined 100% for export," Morocco is positioning itself as a preferred destination for aeronautical subcontracting. The Kingdom also presents a competitive advantage regarding operating costs.
Compared to Southern Europe for certain financial positions, costs are up to 30% cheaper. Within the framework of the National Pact for Industrial Emergence, the estimated potential for sector development in Morocco by 2015 is around 4 billion dirhams (MMDH) of additional GDP and the creation of 15,000 new direct jobs. These objectives were estimated on the basis of the development of eight high value-added trades, including metalworking, assembly, engineering and design, electrical systems and wiring, maintenance, transformation and modification of aircraft.
Morocco, which has seen the establishment in recent years of major global references in the aeronautical sector such as EADS, Boeing, Safran and Bombardier, aims to see even more major global contractors land on its runway.
Aeronautique.com
Posted on December 30, 2012.
