AUTOMOTIVE INDUSTRY, CLUSTER WITH GREATEST GROWTH POTENTIAL

AUTOMOTIVE INDUSTRY, CLUSTER WITH THE GREATEST GROWTH POTENTIAL

AUTOMOTIVE INDUSTRY, CLUSTER WITH THE GREATEST GROWTH POTENTIAL

The annual growth of the car industry is estimated at 14% in terms of exports and relocation of world class giants of the automotive and equipment industry confirms the attractiveness of the Kingdom.

A favorable business environment, fundamental solid macroeconomics and an ambitious industrial acceleration plan make the country a strategic destination for investment.
In a few years, Morocco has entered the circle of the most prominent stakeholders of the automotive industry with 80.2 billion dirhams (~8.5 billion dollars) in 2019. 

THEY INVESTED IN MOROCCO

AUTOMOTIVE PRODUCTION HEADING TOWARDS WORLD TOP 7

AUTOMOTIVE PRODUCTION HEADING TOWARDS WORLD TOP 7

Today, Morocco has a production capacity of over 700 000 vehicles per year thanks to an ambitious strategic plan that places the industry as the leader in Africa in terms of exportation.

Strengthened by its achievements, Morocco currently sets new investment goals for this booming industry, namely the increase of local integration to 80 % by 2022.
AUTOMOTIVE PRODUCTION HEADING TOWARDS WORLD TOP 7
 1st
Country’s security and safety in
Africa 28th worldwide (WEF)
 53rd
Doing Business 2020 (The World Bank )
 1st
Financial center in Africa
 (GFCI- 2020)
1st EXPORTING INDUSTRY IN MOROCCO

1st EXPORTING INDUSTRY IN MOROCCO

With growth forecasts estimated at 19.7 % by 2022, Morocco shows its top potential as an automotive producer thanks to an attractive investment offer.
The sector’s ecosystems are all set to boost the automotive production in Morocco. These ecosystems include:
  • Automotive wiring
  • Vehicle interior & seats
  • Metal / stamping
  • Automotive Batteries
  • Heavyweight and industrial body
  • Engines and transmission
  • Renault Ecosystem
  • Stellantis Ecosystem
  • Valeo 
  • Aptiv
The country offers adapted guidance and investment support dedicated to the automotive industry, namely government subsidies and funds to promote investments in the sector
    The car industry is highly competitive thanks to:
    • Dedicated industrial acceleration zones and integrated industrial platforms such as Tangier Automotive City, Tangier free zone, the Atlantic free zone of kenitra and Technopolis Park
    • Government support at the time of relocation
    • Unprecedented tax incentives for corporates with industrial acceleration zone status
    • Privileged access to rental property reserved for the automotive industry 275 ha 
    The sector benefits from qualified human resources who graduated from renowned Moroccan and international universities and schools. Investors will enjoy the following advantages:
    • 1 st in Africa with 92000 jobs
    • Dedicated training institutes such as l’Institut de Formation dans les Métiers aux l’Industrie Automobile (IFMIA) ;
    • A training offer aiming to qualify 90000 profiles adapted to specific needs of the sector
    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 which is connected to 186 ports worldwide. 
    • Motorway network of over 1800  kilometers
    • 1 st High Speed ​​Train in Africa.

    Ecosystems

    Morocco’s Investment and Export Development Agency services

    NEED HELP ?

    Do you need help investing, exporting or importing from Morocco? The AMDIE teams are at your disposal to support you step by step.

    Learn about investment opportunities and internationalization
    Benefit from the expertise of our sector advisers
    Connect with partners for the development of your project
    Find out about the advantages Morocco offers you for your investment and export projects

    This site uses own cookies and third-party cookies to collect information about your browsing for statistical purposes and to allow access to specific services. If you continue to browse, we will consider that you accept its use.

    To accept More information