Attijariwafa Bank and AMICA Strengthen Their Partnership to Support the Moroccan Automotive Industry
Attijariwafa Bank and the Moroccan Association for the Automotive Industry and Construction (AMICA) have entered into a new strategic partnership aimed at supporting the development of the automotive sector in Morocco. Signed during the Automotive Industrial Competitiveness Fair held in Kenitra, this agreement seeks to enhance financial and operational support for companies in the sector while boosting their competitiveness in both national and international markets.
Tailored Financial Support for Manufacturers
Through this agreement, AMICA member companies, as well as new investors, will benefit from a range of solutions designed to support their development projects.
The offered solutions include dedicated financing for industrial investments, tools to address cash flow needs, financial management services, facilitation tools for international trade operations, as well as support in advisory and training services.
The goal is to provide manufacturers with appropriate solutions to accelerate their growth, modernize their operations, and strengthen their presence in foreign markets.
Enhanced Support for Innovation and Modernization
The partnership also includes the implementation of co-financing mechanisms and guarantees in collaboration with Tamwilcom. These initiatives aim to encourage investments related to the modernization of industrial units, technological innovation, and the development of new projects.
Beyond financial solutions, both partners seek to provide comprehensive support by facilitating access to training programs, networking opportunities, and business networks, both in Morocco and across the African continent.
Strengthening Morocco’s Position as an Automotive Hub
This alliance comes at a time when the automotive industry remains the leading export sector for the Kingdom and one of the main engines of the national economy.
By promoting industrial integration, the development of local value chains, and access to new markets, Attijariwafa Bank and AMICA aim to enhance Morocco’s attractiveness to international investors.
The two partners also express their commitment to supporting companies in facing challenges related to ecological transitions, decarbonization, and innovation—issues that have become essential for meeting global market demands.
A Lever for Industrial Growth
Through this initiative, Attijariwafa Bank reaffirms its commitment to financing productive economies, while AMICA continues its mission to support manufacturers within the automotive sector.
This cooperation is expected to foster the emergence of new industrial projects, stimulate the creation of skilled jobs, and solidify Morocco’s position among the most competitive automotive platforms in Africa and the Mediterranean region.
