The factory was built in just 6 months, which Morocco’s Minister of Industry Moulay Hafid Elalamy said is a "record in Morocco.”
Rabat – Proma, an Italian group specializing in the design and manufacture of sub-assemblies and metal components for the automotive industry, inaugurated a factory in Kenitra today, September 17.
The factory was built in just 6 months, which Morocco’s Minister of Industry, Trade, and Investment Moulay Hafid Elalamy said is a “record in Morocco.”
He added that Proma, in collaboration with the Ministry of Industry, intends to top their own record and are already both hoping to soon build a factory in only 5 months.
Proma invested a total of MAD 320 million in the project and plans to invest as much in future ventures in Morocco, said the minister during a speech at the opening ceremony of the factory.
Elalamy also added that “the Ministry of Industry will ensure that the plant fills with orders from both PSA and Renault.”
“Facilities and machines with the best technological tools have been put in place to adequately meet the quality and competitiveness requirements demanded by the global market,” he said.
Construction of the factory began in the third quarter of 2018. Extension works are already scheduled and will start at the end of 2020, in order to meet an increased demand in production from the group in Morocco.
Proma already has a factory in operation in Casablanca’s Renault Somaca industrial park, where the group assembles and delivers seats for Somaca, a Moroccan car manufacturer currently owned by Renault.
The factory is expected to create 121 direct jobs and an annual turnover of MAD 250 million in export, making it the latest boost of many the automotive industry has given to Morocco’s employment industry.
In May, the Ministry of Industry and Trade reported that the automotive industry recorded the strongest job creation between 2014 and 2018. During that time, sector created a total of 116,611 jobs.