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Moroccan aviation industry accounts for 140 companies. The aviation sector turnover stood at MAD 17 billion, with an integration rate of 34%, and a growth of more than 20% per year.
Morocco’s Minister of Industry, Trade, Green Economy and Digital, Moulay Hafid Elalamy inaugurated two aircraft-part production plants on Tuesday, October 29 in Nouaceur, Casablanca.
One of the production plants is a new addition to the Moroccan study and manufacture of aeronautical tools (EFOA) – group “We are”, at Casablanca’s Aeropole. The second plant belongs to Tacaero Morocco (group Tecalemit Aerospace), located in the Midparc Casablanca Free Zone.
Covering an area of 2,350 m², the EFOA production site required an investment of MAD 50 million. The plant will manufacture basic boiler parts and aeronautical subassemblies with the creation of 55 direct jobs, invest in Morocco.
The creation of this site, strengthening the production capacity of the Moroccan aviation industry, follows the signature of a Memorandum of Understanding between the National Airport Authority (ONDA) and EFOA. The signature took place at the “Marrakech Air Show”, on October 24, 2018.
Meanwhile, Tacaero Morocco is specialized in manufacturing pipe fittings and making cable ramps. Through this new site, Tecalemit Aerospace aims to better support its customers and to conquer new markets, thanks to the proximity created with players such as Boeing and Bombardier.
In Morocco, Tacaero has a turnover of MAD 12.84 million in 2019 and invests MAD 14 Million in machinery.
“These two plants are very specific and sophisticated in the fields of precision parts manufacturing in the aerospace, surface treatment, and paint industries, which are highly sought-after sectors around the world,” Elalamy said in the inauguration ceremonies.
The Minister noted that the aeronautical sector is developing, pointing out that the sector provided 17,000 new jobs since the launch of the Industrial Acceleration Plan in 2014.
Noting that the turnover (CA) export has an average annual improvement of more than 20%, Elalamy said that this sector should bolster the Moroccan industry, investing in Morocco.
Moroccan aviation industry accounts for 140 companies. The aviation sector turnover stood at MAD 17 billion, with an integration rate of 34%, and a growth of more than 20% per year. It’s really a promising sector for investing in Morocco.
Source: https://bit.ly/34n8WWn
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