
Chinese Auto Industry Invests $10 Billion in Moroccan Manufacturing Hub
China is investing massively in Moroccan factories, particularly in the automotive sector, for several reasons.

China is investing massively in Moroccan factories, particularly in the automotive sector, for several reasons.

Several industrial sites of American subcontractor Spirit AeroSystems , including its factory in Casablanca, are entering Airbus’ fold.

Canadian company Catalyst Mines Inc, specializing in the exploration and development of critical energy minerals, has discovered strategic metals in Morocco.

In Morocco, recent rainfall maintains hope for an improvement in olive oil production. However, olive growers fear other risks and uncertainties.

Morocco is working to turn recyclable materials from Europe , including waste, scrap metal, and secondary raw materials, which it imports in value, into wealth by transforming them.

The American defense technology giant Lockheed Martin is accelerating its expansion in Morocco. It plans to build a production unit there.

Morocco is on the verge of overcoming the olive oil crisis. After years of drought, the olive oil sector is slowly getting back on track, but there are other risks and uncertainties to be feared.

The production by the Dacia brand of a new electric city car, Spring 2, would involve Chinese suppliers setting up in Morocco.

The German brand Opel is restyling Rock Electric, its 100% electric light quadricycle, and renaming it Rocks, a vehicle produced in Morocco.

The European Union (EU) is determined to fully use trade defense instruments to protect its industry and the jobs it generates from Morocco.

In the UK, major clothing brands have turned to suppliers in Morocco, Turkey and Tunisia, leading to the closure of several dozen factories and the loss of a thousand jobs.

While Morocco has stepped up its imports of olive oil to overcome the olive oil crisis, the Moroccan Interprofessional Federation of Olive believes that this is not the ideal solution.