Industryweek 12009 Boeing

Major Boeing Hub to be Located in Morocco

Sept. 28, 2016
Tangiers will establish an industrial zone where up to 120 Boeing suppliers and sub-contractors could operate. The industrial zone could create up to 8,700 jobs.

Morocco signed an agreement with Boeing on Sept. 27 to build a new hub for the US aerospace giant that officials hope will create thousands of skilled jobs.

King Mohammed VI oversaw the signing of a memorandum of understanding in the northern port city of Tangiers to establish an industrial zone where up to 120 Boeing suppliers and sub-contractors could operate.

"This is a very important strategic project as we move into a new aeronautical era in Morocco," said Industry Minister Moulay Hafi Elalamy.

Morocco has unveiled several large-scale industrial projects in recent years, with the Tangiers region among the fastest growing. Renault in April signed deals to invest more than $1 billion and create 50,000 jobs in the North African country.

Morocco was badly affected by the financial crisis in Europe, its top trade partner, and has struggled to contain a ballooning public deficit. The authorities have strenuously promoted the country as a bridge between Africa and the West, in a bid to encourage foreign investment and trade.

"The Moroccan aeronautical industry has seen important growth in recent years," said Elalamy. "The sector has grown six-fold in just 10 years and there are now 121 firms."

Some of the largest manufacturers are already present in the country, contributing to a sector that employs about 10,000 people and has revenue of $1 billion per year.

Elalamy said the Boeing industrial zone could create up to 8,700 jobs.

Morocco's gateway linking Europe, the Atlantic and the Mediterranean, Tangiers has experienced unprecedented development in recent years, including a new airport and deep-water port.

Copyright Agence France-Presse, 2016

Popular Sponsored Recommendations

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

The Manufacturer's Guide to Modernizing Commercial Operations

Sept. 12, 2023
In this guide, learn how a modern approach to commercial operations can help your manufacturing business integrate sales and revenue management to elevate seller productivity ...

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Disruptive EV Technologies Are Driving New Supplier Realities

Sept. 20, 2023
Vehicle electrification is upending the automotive landscape, forcing suppliers to make critical strategic and operational decisions. Understand what that means for you in our...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!