Tanger Med: A New Industrial Unit Worth €28 Million and a Strategic Agreement with Mutares
New Unit Dedicated to the Automotive Industry
Spanning an area of approximately 6 hectares, this new unit aims to enhance the production capabilities of the group to meet the growing demand from international markets, particularly in Europe and North America.
The project also aims to generate a revenue of around 85 million euros and create nearly 900 direct jobs, confirming its significant industrial and economic impact.
Production of Components for Modern Vehicles
The unit specializes in the manufacturing of technical components for the automotive industry, including insulation systems, technical plastic parts, and fluid management solutions.
These products are designed to meet the needs of thermal, hybrid, and electric vehicles, aligning with the current transformation of the global automotive sector.
A Strategic Partnership with Mutares
In parallel, a framework agreement has been signed with the German investment fund Mutares, aimed at facilitating the establishment of additional companies from its portfolio in Morocco.
This agreement is expected to strengthen the industrial attractiveness of the Kingdom and encourage new investments in the automotive and industrial sectors.
Morocco: A Thriving Industrial Platform
This new establishment reaffirms the growing role of Tangier Med as a leading industrial and logistics hub in the Mediterranean.
The site is increasingly attracting international investors, particularly in the automotive, logistics, and industrial subcontracting sectors, thereby consolidating Morocco’s position in global value chains.
