Rabat – Schneider Electric, a major French multinational corporation specializing in electrical equipment, is set to expand in Morocco with a new assembly unit.
The Moroccan company Kazinov signed an agreement on Friday, January 17 that will establish an assembly unit for connected medium-voltage electrical panels from the RM6 range from Schneider Electric.
The deal will allow Kazinov to license, assemble, test and market the RM6 using Schneider Electric’s technology and know-how.
The partnership will create around 20 jobs and includes a skills transfer program. Additionally, the deal will promote local integration of Schneider’s electrical solutions while increasing local added value.
“By signing this partnership, Schneider Electric strengthens its deep roots as close as possible to its customers in the Maghreb and in sub-Saharan Africa to provide new, more secure and digital solutions in medium voltage”, says Isabelle Tribotte, Senior Commercial Vice-President of the Power Systems division of Schneider Electric worldwide.
Schneider Electric played a role in the launch of the first Moroccan-made electric car in 2016. The project fell under an ambitious plan to reduce 12 percent of CO2 emissions, and assign 10 percent of the automobile market to electric cars by 2030.
The company has had subsidiaries in Morocco for several years, working for OCP and Taqa Morocco. Schneider Electric also participated in the Casablanca tramway project and helped produce the first Moroccan-made electric car.
The new deal is set to further enhance the development of Morocco’s electrical equipment production.
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