
Agadir Region Plans Dry Port to Boost Industrial and Export Growth
The Agadir region will soon host a dry port. The project, still under study, aims to support industrialists, importers and exporters in the Souss Massa Region.

The Agadir region will soon host a dry port. The project, still under study, aims to support industrialists, importers and exporters in the Souss Massa Region.

Morocco plans to locally manufacture Moroccan-branded cars . The project will start in the short term and will require a 100% Moroccan investment.

In a context of inflation and geopolitical crisis, Morocco has continued its policy of promoting companies by strengthening its support programs and major projects. By the end of October, business creation has seen an increase, with 77,322 additional entities.

Morocco continues its march towards industrial sovereignty. Last Tuesday, the government proceeded to launch the 4th batch of investment opportunities, initiated within the framework of the project bank. A total of 275 new projects have been approved, with 67,000 jobs at stake.

To discuss opportunities for Korean investment in Morocco, the Moroccan Investment and Export Development Agency (AMDIE) organized a Roadshow in South Korea last week, in the presence of several investors and the Korea Importers Association (KOIMA).

The city of Nador will soon be equipped with a free trade zone, helping to drive a new dynamic in economic and industrial activity throughout the Oriental region.

In order to boost the coastal shipping sector in a difficult context, Morocco has commissioned a large-capacity oil tanker from a South Korean company, which is expected to be delivered next year.

Morocco wants to reduce its dependence on external shocks by strengthening its industrial sovereignty . Several projects are being launched in this direction, with a view to promoting "Made in Morocco".

The Erum group, a specialist in the manufacture of plastic hangers, has strengthened its presence in Morocco by expanding its factory in Tangier. The inauguration ceremony took place on Wednesday in the presence of the authorities and the group’s managers.

Buoyed by its geopolitical position and potential, Morocco is emerging as a leader in the automotive industry on the continent. The country is cited as number 1 in the sector, thus surpassing South Africa.

Morocco is in discussion with a railway equipment manufacturing company for the implementation of a project that will employ 1,000 people.

The city of Tetouan will be equipped with a new economic activity zone , contributing to the strengthening of industrial reception infrastructures and addressing the problems of smuggling throughout the region.