Tuesday, September 1, 2009

Morocco to establish Automotive City

Morocco has decided to establish a large-scale free zone dedicated specially to the automotive industry, in order to boost the field and create more jobs. This giant project, to be located between the city of Kenitra and Sidi Yahia (40km northeast Rabat), is dubbed "Kenitra Automotive City". It is expected to create up to 15,000 job opportunities by the year 2015.
The 344ha city will host subcontractors specialised in car spare parts, electronic equipments and other components. They will benefit from a number of incentives, and a platform of logistic and several other competitive facilities.
Part a national industrial strategy, the project aims to attract foreign investments and modernise manufacturing infrastructures, benefiting from the country's growth capacities, proximity to Europe and a skilled manpower.
In fact, despite the difficulties it faced during the international crisis, Morocco's car industry is attracting a number of heavyweight carmakers, mainly in terms of outsourcing.

via Morocco Business News