Automobiles: Morocco signs for new factories and invests in training.
23 August 2013
Read by 3626 persons
The Moroccan government has just signed several investment contracts for the creation of new factories or the expansion of existing units in the automotive industry. It has also adopted projects to create specialized training centers. The goal is to support the sector's development.
Morocco is making a major effort for greater growth in its automotive industry. Six investment contracts were signed last week between the Ministry of Industry, Trade and New Technologies, the Hassan II Fund and companies operating in the automotive sector, indicates a statement from Abdelkader Amara's department.
The various projects revolve around four trades, namely, the injection and assembly of plastic parts, the manufacture of components for commercial vehicles, automotive wiring and the stamping and cutting of metal parts. For a total amount of 360 million dirhams (approximately 32.2 million euros), these investments concern the creation of new factories or the expansion of existing units. They should ultimately generate 1060 direct jobs.
AUTOMOTIVE WIRING MOBILIZES A LARGE PART OF THE INVESTMENT
A total of six companies are beneficiaries of these contracts. These are Leoni Bouskoura, Leoni Ain Sebaa and Yazaki Morocco, each of which won a contract for automotive wiring. This, for a global investment of 152 million dirhams (approximately 13.6 million euros). The three projects focus on expanding the production units of these companies to satisfy their main clients, including Peugeot and Renault. They should also allow the creation of 890 jobs.
The company Process Industriels Delsur has, for its part, won the project to create a new plant for the injection and assembly of plastic parts, in the Tanger free zone. The envelope allocated to the realization of this project is 103.5 million dirhams (9.2 million euros), which should generate 81 jobs. The expected turnover in the long term, and entirely destined for export, is around 60 million dirhams (5.4 million euros).
The Centrale d'Equipement et de Carrosserie Industrielle (CECI) will handle the manufacture of components for commercial vehicles and semi-trailers for its main clients, including Renault, Berliet, Volvo, Isuzu and Mitsubishi. The project, which consists of creating a new factory, mobilizes 63.4 million dirhams of investment (5.7 million euros) to generate 50 jobs.
The contract for stamping and cutting metal parts goes to SNOP. This project aims to expand its factory located in the Tanger Free Zone, which requires 40 million dirhams of investment (3.6 million euros), for the creation of 40 jobs.
FOCUS ON TRAINING
At the same time, the Moroccan government has adopted projects relating to the creation of three training institutes for jobs in the automotive industry, according to a statement from the Prime Minister's office received last Monday by the Moroccan press agency. For a total investment amount of 380 million dirhams (approximately 33.9 million euros), these establishments will be located in the Atlantic Free Zone of Kenitra, in Casablanca and in the Tanger free zone. More than 3,000 people will be trained there each year, the objective being to support the dynamism of the sector's development.
Following the successful experience of Renault in Tangier, Morocco is seeking to attract other automotive giants. After a recent roadshow in Japan, the Minister of Industry, Abdelkader Amara, announced the arrival, within three years, of a new manufacturer, he confided last June in an interview with L'Usine Nouvelle. But according to the minister, the next entrant will not necessarily be Japanese and will not necessarily build a giant factory, like the French firm.
Ristel N. Edimomène
Usinenouvelle.com
Published August 16, 2013.
Posted online August 23, 2013.
Morocco is making a major effort for greater growth in its automotive industry. Six investment contracts were signed last week between the Ministry of Industry, Trade and New Technologies, the Hassan II Fund and companies operating in the automotive sector, indicates a statement from Abdelkader Amara's department.
The various projects revolve around four trades, namely, the injection and assembly of plastic parts, the manufacture of components for commercial vehicles, automotive wiring and the stamping and cutting of metal parts. For a total amount of 360 million dirhams (approximately 32.2 million euros), these investments concern the creation of new factories or the expansion of existing units. They should ultimately generate 1060 direct jobs.
AUTOMOTIVE WIRING MOBILIZES A LARGE PART OF THE INVESTMENT
A total of six companies are beneficiaries of these contracts. These are Leoni Bouskoura, Leoni Ain Sebaa and Yazaki Morocco, each of which won a contract for automotive wiring. This, for a global investment of 152 million dirhams (approximately 13.6 million euros). The three projects focus on expanding the production units of these companies to satisfy their main clients, including Peugeot and Renault. They should also allow the creation of 890 jobs.
The company Process Industriels Delsur has, for its part, won the project to create a new plant for the injection and assembly of plastic parts, in the Tanger free zone. The envelope allocated to the realization of this project is 103.5 million dirhams (9.2 million euros), which should generate 81 jobs. The expected turnover in the long term, and entirely destined for export, is around 60 million dirhams (5.4 million euros).
The Centrale d'Equipement et de Carrosserie Industrielle (CECI) will handle the manufacture of components for commercial vehicles and semi-trailers for its main clients, including Renault, Berliet, Volvo, Isuzu and Mitsubishi. The project, which consists of creating a new factory, mobilizes 63.4 million dirhams of investment (5.7 million euros) to generate 50 jobs.
The contract for stamping and cutting metal parts goes to SNOP. This project aims to expand its factory located in the Tanger Free Zone, which requires 40 million dirhams of investment (3.6 million euros), for the creation of 40 jobs.
FOCUS ON TRAINING
At the same time, the Moroccan government has adopted projects relating to the creation of three training institutes for jobs in the automotive industry, according to a statement from the Prime Minister's office received last Monday by the Moroccan press agency. For a total investment amount of 380 million dirhams (approximately 33.9 million euros), these establishments will be located in the Atlantic Free Zone of Kenitra, in Casablanca and in the Tanger free zone. More than 3,000 people will be trained there each year, the objective being to support the dynamism of the sector's development.
Following the successful experience of Renault in Tangier, Morocco is seeking to attract other automotive giants. After a recent roadshow in Japan, the Minister of Industry, Abdelkader Amara, announced the arrival, within three years, of a new manufacturer, he confided last June in an interview with L'Usine Nouvelle. But according to the minister, the next entrant will not necessarily be Japanese and will not necessarily build a giant factory, like the French firm.
Ristel N. Edimomène
Usinenouvelle.com
Published August 16, 2013.
Posted online August 23, 2013.
