Aeronautic Industry | Invest in Morocco

5^th ATTRACTIVE AEROSPACE INDUSTRY IN THE WORLD, 1^st 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.

THEY INVESTED IN MOROCCO

AEROSPACE INDUSTRY WITH GREEN LIGHTS

The Moroccan industry is led by 142 companies that generate a total turnover of nearly 1.7 billion dollars (15 billion DH) with an integration rate of 38%. This return also permits a growth of more than 22% per year, which is 4 times the global average and 5 times the GDP growth.

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.

AEROSPACE INDUSTRY WITH GREEN LIGHTS

2^nd

Country’s security and safety in Africa
28th worldwide (WEF)

53^rd

Doing Business 2020 (RBM)

1^st

Financial center in Africa
(GFCI- 2019)

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.

Seasoned ecosystems

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

Proximity to key hubs and assembly lines

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

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

Qualified human resources

The sector benefits from qualified human resources who graduated from renowned Moroccan and international universities and schools. Investors will enjoy the following advantages:

Nearly 17000 jobs in the field of aeronautics 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)

Attractive government incentives

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

Connected platform

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.