Statement of His Excellency Mr Ryad Mezzour, Minister of Industry and Trade of The Kingdom of Morocco at the United Nations Industrial Development Organization (UNIDO) 's 19th General Conference | Vienna 2021

HM King Mohammed VI chaired, in "Atlantic Free Zone", in the commune of Amer Saflia (province of Kenitra), the inauguration ceremony of the French PSA group's ecosystem in Morocco, a project that spurs the development of the national automobile sector and mirrors the excellence of "Made in Morocco".

Mr Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and the Digital Economy, Mr Mohamed Boussaid, Minister of Economy and Finance, and Mr Xu ZUO, Vice President of Citic Group Corporation and Chairman of Citic Dicastal signed an investment agreement for the realization in Morocco of an industrial project for the production of aluminum rims, on 26 July 2018, in Rabat.

- The demand for substitute products is constantly increasing
- 117.8 million dirhams committed to support the sector

The Japanese Group Furukawa Electric Inaugurates, on May 9th 2018, in Tangier, the company’s first factory in Africa and the Middle East. Dedicated to the production of fiber optic cables, this new unit, which required an investment of 200 million dirhams, will create 200 skilled jobs.

The Korean equipment manufacturer, Hands, launches on Tuesday, April 10th, the construction works for its new plant in Tangier, specializing in the production of aluminum wheels. The production unit requires an investment of 4.33 billion dirhams and will create 1,300 jobs.

The industrial sector is positioning itself as a major job provider. 288,126 jobs were created in the various industrial sectors between 2014 and 2017.

Ficosa, a top-tier global provider devoted to the research, development, manufacturing and marketing of safety, connectivity and efficiency systems for the automotive sector, has established itself in Africa for the first time, opening a new production centre in Rabat.