info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Photo from Morocco World News
According to report, Moroccan aeronautics industry has seen a huge growth and attracted international interests.
From 2001 to 2011, the number of companies active in the aeronautics industry increased from 10 to more than 100. Total employees increased from only 300 to more than 10,000 with a total sales of over $1 billion, according to the Moroccan Agency of Investment and Development (AMDI).
In 2016, Morocco's Minister of Industry, Trade, Investment, and the Digital Economy Moulay Hafid Elalamy said, "The Moroccan aeronautics industry has seen ... huge growth these last few years. The sector has multiplied by six in 10 years."
Morocco now has 130 aeronautics companies.
Morocco's strategic location gives it access to Europe, the Middle East, and the rest of Africa. This advantage has made the North African country a favorite destination for big international aircraft manufacturers, such as Bombardier, Boeing, and Safran.
In September 2016, the American Boeing company announced plans to create a “Boeing industrial ecosystem” in Morocco to attract 120 suppliers for Morocco’s aeronautics exports, generating $1 billion and creating more than 8,200 jobs.
According to Safran’s general delegate in Morocco, Hamid Benbrahim El Andaloussi, "Morocco is now regarded as one of the most aeronautical platforms in the region. It is, without question, the most competitive aeronautical base in the natural extension of Europe."
