Morocco
UAE's DP World to Invest $3 Billion in African Port Infrastructure
Six months after the Moroccan-Emirati agreement, the United Arab Emirates are announcing massive investment in other African countries.
Topic
Investment
Morocco
China's Growing Influence in Morocco Raises Concerns for Algeria
China’s massive investments in Morocco are causing concern for the Algerian president, who has sent his Minister of Foreign Affairs, Ahmed Attaf, on an official visit to Beijing.
Morocco
Moroccan Expats in France Lead Surge in Overseas Property Financing
Moroccans living abroad (MREs) have various ways of financing their real estate. This is the finding of a study of simulations carried out by a specialized website.
Morocco
Chinese Copper Giant Invests $288 Million in Moroccan Factory Amid US Tensions
Due to geopolitical tensions between the United States and China, Zhejiang Hailiang Co., a major Chinese producer of copper tubes and rods, is turning to Morocco to build a factory with an investment cost of $288 million (about 2.8 billion DH).
Morocco
Chinese Tire Giant Sentury Shifts $313 Million Investment from Spain to Morocco
The Chinese tire company Sentury Tire has redirected a major investment initially intended for a new plant in Spain to its plant located in Tangier.
Morocco
French Hotel Giant Accor to Expand into Moroccan Sahara with Government Backing
The French hotel giant Accor plans to build several hotels in the Moroccan Sahara, as part of the new policy of the French state to finance specific investment projects in this territory.
Morocco
Chinese EV Giant BYD Scraps Plans for Electric Battery Factory in Morocco
The Chinese group BYD, a global leader in electric vehicles, has just given up on its project to set up an electric battery factory in Tanger Tech. The reason is the slow sales of its electric buses in Morocco.
Morocco
Dar Bouazza Plans $200 Million Expressway Renovation to Improve Safety and Traffic Flow
The Dar Bouazza region wishes to carry out renovation work on the expressway, in order to reduce the risk of road accidents and improve the quality of life of the inhabitants. The project requires an investment of 2 billion dirhams.
Morocco
Morocco Secures $300 Million Investment for Electric Vehicle Battery Plant
Morocco has taken an important step in the development of the electric automotive industry with the signing of an investment agreement for the construction of a cathode production plant .
Morocco
Morocco Streamlines Business Registration with New Online Platform
The Moroccan government has taken an important step towards simplifying administrative procedures for entrepreneurs. On Thursday, March 30, the Council of Government approved a draft decree setting the terms and procedures for creating companies electronically.
Morocco
Stellantis: The Kénitra plant increases to 450,000 vehicles per year
The automotive manufacturer Stellantis is investing 300 million euros in the expansion of its first Moroccan plant inaugurated in Kénitra in 2019. This expansion will double its production capacity to 450,000 vehicles per year.
Morocco
Tangier: the Chinese giant Shinzoom injects 5 billion DH into a battery factory
The Chinese group Shinzoom, specialized in the production of anodes for lithium-ion batteries, is preparing to invest $500 million (5 billion DH) in the Tanger Tech free zone. A large-scale project that will cover 30 hectares.