an attractive sector for Spanish companies

The advancement of the Moroccan financial state, its existence in most African nations and its geostrategic placement make Morocco the gateway to Africa for Spain and the relaxation of Europe. For this rationale, the Moroccan industrial sector presents intriguing possibilities for financial commitment by Spanish providers, in accordance to Hakim Marrakchi, vice-president of the Moroccan employers’ affiliation (CGEM) and president and common supervisor of Maghreb Industries, all through the Spain-Morocco Business enterprise Assembly in Casablanca. 

Marrakchi was the main speaker at “The industrial sector in Morocco”, one of the workshops organised by ICEX, in which the automotive sector played a top role. Adil Zaidi, president of the Automotive Federation, stressed that we will have to perform with each other to obtain higher industrial integration, particularly in conditions of the price chain at the stage of little and medium-sized enterprises. “Spain can aid accessibility to the European and Latin American markets, just as Morocco can do with the African sector,” he pointed out. 

Zaidi advocated long lasting dialogue through boards and bilateral meetings to observe European polices on the electrical auto. In Europe, all brands are producing this type of car or truck with a see to the horizon of 2035, the year in which no new mild industrial automobiles or passenger automobiles with combustion engines can be sold in the EU. 

The president of the automotive sector expressed his conviction that it is important to anticipate the issues facing the sector with a vision of the foreseeable future, these kinds of as, for illustration, figuring out the new technologies that will become necessary in the manufacture of cars in the subsequent 5 decades. Amongst many others, he pointed to the region of spare elements as an chance for cooperation with Spain, whose turnover could get to 10 or fifteen instances the selling price of the motor vehicle.

For his aspect, Renault’s general supervisor in Morocco, Mohammed Bachiri, pointed out that Spain is the 2nd most important vacation spot for the automobiles Renault manufactures in Morocco and exports to more than 60 international locations. “We export 90% of our cars, which gives an strategy of the volume of small business that our romantic relationship with Spain signifies,” he claimed.

Bachiri emphasised the development of the automotive sector in Morocco with a revealing point: “At Renault, we have long gone from creating 15,000 autos in 2015 to a figure of 350,000 last year.” The infrastructure in the northern location of Morocco and primarily the Tangier Med port are essential for these types of significant advancement. “In point, our automobiles clean from the manufacturing unit are transported by teach by way of a observe that hyperlinks us immediately to the port,” he confident.

For Bachiri, 1 of the keys in the sector is the endeavor of schooling personnel and he is committed to the investment decision of Spanish corporations in the automotive sector “with medium and prolonged-expression potential customers”.

Miguel Oliver, General Manager of Renault’s factories in Morocco, encouraged Spanish businessmen to settle in Morocco by approaching the tradition with respect and creating the needed trust to operate jointly. “I have built-in into Morocco even while when I came in February final calendar year I experienced not visited the state in advance of: in my experience, if you function as a workforce you can do excellent factors”.

Albert del Valle, general manager of Dallant Maghreb, spoke about his practical experience in the meals sector. The corporation he manages is focused to the manufacture of foods and beverage machines.

Del Valle cited Dallant as an illustration of a Spanish SME with a loved ones framework that has correctly recognized alone in Morocco. In 2000 we took the final decision to established up here and currently we manufacture flavourings and fragrant preparations.

“For me, the value of labour is an additional issue, it is not the primary explanation to make investments in Morocco. It is a state where by there is potential to increase, not only due to the fact there is a incredibly interesting neighborhood current market, but also for the reason that exports from Morocco are large. For case in point, exporting to the United States is easier from Morocco than from Europe,” mentioned the Dallant Maghreb supervisor. In point, the export division to Africa is built-in into the firm’s headquarters in Morocco for, among other motives, the professional agreements and the Moroccan banking community on the continent that facilitates the management of collections, he concluded.

Speaking about the job that banks can engage in in the company enterprise of Spaniards in Morocco, the Deputy Director Basic of the Financial commitment Finance Office of the Lender of Africa, Mehdi Drafate, highlighted the extensive network of the bank’s workplaces in Africa (with a presence in 20 international locations) and Europe (9 places of work in full with a existence in Madrid and Barcelona). 

For her aspect, Afaf Saaidi, director of aeronautical, railway, naval and electricity industries at the Moroccan Ministry of Market and Trade, highlighted the commitment to the aeronautical sector, with the development around the previous two a long time of an industrial system with 140 providers, such as some of the principal international gamers in the sector, such as Airbus and Boeing.

“As aspect of the industrial acceleration system, we are doing work in 14 different sectors inside of the framework of a plan of building ecosystems, 55 in whole, including aeronautics and the automotive sector,” additional Saaidi.

The Spanish State Secretariat for Trade, by means of ICEX Spain Export and Expense and the economic and industrial places of work of Spain in Morocco and in collaboration with the CEOE and the Spanish Chamber of Commerce, organised this Spain-Morocco Enterprise Meeting with the presence of 58 Spanish organizations intrigued in growing in the North African nation.

Fernando Domingo from Casablanca