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New plan of industrial and residential park Sino-Moroccan in Tangiers

New plan of industrial and residential park Sino-Moroccan in Tangiers

Morocco and Chinese company HAITE Group decided on Monday to invest one billion U.S. dollars to build an industrial and residential park in Morocco's northern city of Tangiers.

At the Marchane Royal Palace in Tangiers, King Mohammed VI of Morocco chaired the signing ceremony of the memorandum of understanding on the creation of the park, which will be named "Mohammed VI Tangiers Tech City."

The park will host hundreds of Chinese companies in numerous industries, including auto manufacturing, aerospace, aviation spare parts, electronic information, textiles and machinery manufacturing.

Carried out by the Tangiers-Tetouan-Al Hoceima regional authorities, Morocco's BMCE Bank and HAITE, the project will cover an area of 2,000 hectares and generate 100,000 jobs.

As part of the partnership, a memorandum of understanding to set up an industrial and residential park in Morocco was signed months later by the Moroccan government and HAITE.


Sichuan Haite High-tech Co., Ltd. under the Group is the first private aviation maintenance company, and the first listed company providing comprehensive aviation technical service within China. The company is mainly engaged in R&D&M of airborne equipment, test equipment, high-end equipment, test and maintenance of aviation machinery, electronic equipment, aero engine maintenance, airframe overhaul and modification, training for pilots, flight attendants and maintenance personnel, aviation finance lease, integrated circuit chip manufacturing, general aviation services, gas turbine projects and more. For over 20 years, with excellent professional standards, being “National Leader Plane Security Unit”, Haite High-tech received many honors including " First Prize in Excellent Companies of Aircraft Maintenance” issued by CAAC, "First Prize in National Defense Science and Technology Progress Award" by MIT.

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