London - Morocco is the most attractive destination in North Africa for aircraft manufacturers across the world, said, on Wednesday in Farnborough (35 km south of London), CEO of Aerolia Cédric Gautier.
London – Morocco is the most attractive destination in North Africa for aircraft manufacturers across the world, said, on Wednesday in Farnborough (35 km south of London), CEO of Aerolia Cédric Gautier.
Aerolia chose to gain a foothold in Morocco due to simplified procedures for investors, support services, modern infrastructure and facilities, and the robust industrial supply chain available in Morocco, Gautier told MAP following the signing of a € 40 million agreement with the Moroccan minister of Industry, Trade, Investment and Digital Economy, Moulay Hafid El Alamy on the sidelines of the Farnborough Air Show.
The Aerolia project in Morocco is expected to create, at a first stage, more than 500 jobs and an equal number in the Moroccan supply chain, Aerolia CEO underlined, expressing his confidence in the future of his company in Morocco.
For his part, Alcoa Group director-general in Europe Pierre Emmanuel Gires, who also signed with the Moroccan minister a € 4.6 million agreement, on the same occasion, to set up an industrial unit in the Nouaceur Technopole (in Casablanca), said he was “delighted” by the choice of Morocco, a stable and open country that is close to Europe.
El Alamy, stressed the importance of these two agreements signed with Aerolia groups, a subsidiary of Airbus, and Alcoa Group, a world leader in aluminum production, recalling that Morocco now hosts 110 companies specializing in aeronautic industry.