The Renault Ecosystem is committed to a dynamic of remarkable achievements:

- Purchase of 1 billion euros of parts produced in Morocco in 2017; - Over 50% local integration; - 815 million euros invested by the ecosystem; - Over 14,000 jobs created by Group Renault and its suppliers;

and confirms its ambition to fulfil its commitments by 2023.

The Minister of Industry, Investment, Trade and the Digital Economy, Mr Moulay Hafid Elalamy held a press conference on Wednesday with Mr Fabrice Cambolive, Director of Operations for the Africa, Middle East and India region, and Mr Marc Nassif, Managing Director of Group Renault Morocco, to present the progress report of the Renault Ecosystem. The ecosystem was the subject of an agreement in April 2016 between the Moroccan State and the French Group, under the effective Presidency of His Majesty King Mohammed VI.

Under this partnership, the Renault Group is developing a supply platform and a global industrial export base in Morocco, which is having a great impact in terms of job creation and increased integration and local sourcing. In this regard, Mr Elalamy noted that the Renault Ecosystem is making significant progress and is on the right track to achieve the objectives set for 2023.

The Renault Group is currently sourcing parts manufactured in the Kingdom for its Moroccan and international factories with a value of one billion euros per year, with the possibility of doubling this figure and thus surpassing the initial target of 1.5 billion euros / year set for 2023. The local integration rate of the manufacturer exceeds 50% and the Ecosystem formed by the Renault Group and its suppliers has made an investment of 815 million euros which allowed the creation of nearly 14,000 direct and indirect jobs in Morocco.

"Businesses with high stakes and new technologies are entering Morocco and developing local integration in depth," said Mr Elalamy, adding that the Ecosystem is making a strong upmarket move for components "made in Morocco." Indeed, the automotive trades are enriched by specializations with high added value, such as glazing, aluminium wheels, steering and transmission systems or even engineering trades. Other players are establishing themselves, particularly in technologies such as shock absorbers, dashboards and navigation systems: a positive finding that increases the attractiveness of the national automotive industry.

The ambitious Ecosystem deployed by the Renault Group in Morocco aims, by 2023, to create 50,000 direct and indirect jobs, permanent and qualified, to generate an additional turnover of 1.5 billion Euros per year from purchases of locally made parts and bring the local integration rate to 65%.

"We are working hand in hand with the Government to achieve this common goal that is to turn Morocco into a major regional automotive platform”, said Fabrice Cambolive, Director of Operations, Africa, Middle East and India.

"Indeed, to fulfil our 2023 contract, we use the Renault-Nissan Mitsubishi Alliance platform, the world's largest automotive alliance. More than ever, we are playing our role as a driving force at the service of the national automotive industry "concludes Marc Nassif, Managing Director of Groupe Renault Maroc.