THEY INVESTED IN MOROCCO
5th ATTRACTIVE AEROSPACE INDUSTRY IN THE WORLD, 1st IN AFRICA
Morocco has definitely become one of the most popular destinations of the aerospace industry. Today, the country has gained the confidence of world-class operators.
The Kingdom owes this performance to an investment and industrial acceleration strategy that is both ambitious and visionary, allowing it to assert indisputable assets such as the know-how, the highly qualified human resources, and the geographic proximity to one of the largest aircraft manufacturing centers in Toulouse, France to name a few.
The Kingdom owes this performance to an investment and industrial acceleration strategy that is both ambitious and visionary, allowing it to assert indisputable assets such as the know-how, the highly qualified human resources, and the geographic proximity to one of the largest aircraft manufacturing centers in Toulouse, France to name a few.
AEROSPACE INDUSTRY WITH GREEN LIGHTS
The Moroccan industry is led by 142 companies that generate a total turnover of nearly 1.39 billion dollards in 2020 (28.9% down from 1.9 billion dollards in 2019)..This return also permits a growth of more than 20% per year.
Therefore, all indicators of the dashboard of the aviation industry are green, with great performances that Morocco aspires to further develop by focusing on numerous assets that confirms the country as an investment destination with extraordinary growth potential.
Therefore, all indicators of the dashboard of the aviation industry are green, with great performances that Morocco aspires to further develop by focusing on numerous assets that confirms the country as an investment destination with extraordinary growth potential.
2nd
Country’s security and safety in Africa
28th worldwide (WEF)
28th worldwide (WEF)
53rd
Doing Business 2020 (The World Bank)
1st
Financial center in Africa
(GFCI- 2020)
(GFCI- 2020)
INDUSTRIAL ENVIRONMENT WITH 20+ YEARS OF EXPANSION
With an estimated growth forecast
20
% in the years to come, Morocco places the aerospace industry in the heart of its industrialization plan through a comprehensive investment package.
The sector’s ecosystems are all set for an insured takeoff of the aviation industry. These ecosystems include:
- Assembly
- Electrical Wiring Interconnect - EWIS
- Maintenance, Repair and Overhaul - MRO
- Engineering
Boeing8 business families (capabilities):- Aeronautical equipment- Aerostructure- Engineering- MRO- Machining- Surface treatment- Sheet metal machining- Electrical wiring
Proximity to key hubs and assembly lines such as Airbus and Boeing and a unique partnership between the latter and Morocco which gave birth to many opportunities for stakeholders of the industry.
Available industrial platforms on 97
hectares including:
- 63
ha hosting the MidParc platform in Casablanca
- 19.5 ha earmarked for Tangier free zone
- 14.5 ha dedicated to other platforms including Technopolis in Rabat, Atlantic free zone in Kenitra and Technopole in Oujda
The sector benefits from qualified human resources who graduated from renowned Moroccan and international universities and schools. Investors will enjoy the following advantages:
- Nearly 17500
in 2019 in the aeronautics sector including 40
% occupied by women
- Dedicated training Institutes such as l’Institut des Métiers de l’Aéronautique (IMA),l’Institut Spécialisé des Métiers de l’Aéronautique de la Logistique Aéroportuaire (ISMALA), SUP-AERO, l’Université Internationale de Rabat (UIR), and l’Académie Internationale Mohammed VI de l'Aviation Civile (AIAC)
Investors will take advantage of Attractive government incentives, namely:
- Government subsidies and funds devoted to promoting investments in the sector
- Unprecedented tax incentives for corporates with a free zone status ;
- Customs and administration facilitations ;
- Vocational training support
Morocco is a connected platform located only 14
km from Europe with the best maritime connectivity in Africa
- 19
international airports throughout the Kingdom
- 14 ports with cutting-edge infrastructures dedicated to trade and export, including the port of Tanger Med
- Motorway network of over 1800 kilometers
- 1 st High Speed Train in Africa.
Ecosystems
Assembly
Engineering
Maintenance, Repair and Overhaul
Electrical Wiring Interconnect
Boeing
Morocco’s Investment and Export Development Agency services
