Tanger-Tétouan-Al Hoceïma Bets on Electric Vehicles to Attract International Investment
The Tanger-Tetouan-Al Hoceima region reaffirms its ambition to play a significant role in the development of the electric vehicle industry and critical minerals. During a high-level seminar held in Tangier, institutional leaders, investors, and industry stakeholders discussed the opportunities Morocco offers to strengthen its position in global sustainable mobility value chains.
Organized by the Regional Investment Center (CRI) of Tanger-Tetouan-Al Hoceima, in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, and with support from Swiss Economic Cooperation (SECO), this meeting highlighted the region’s strategic advantages in attracting new industrial projects.
Morocco Aims to Become an African Hub for Electric Vehicles
Under the theme “Morocco as a Competitive Hub for Electric Vehicles and Investment in Critical Minerals”, the seminar brought together representatives from public authorities, the financial sector, and leading companies in the automotive industry.
Among the participants were officials from the Ministry of Industry and Trade, the IFC, CGEM Tanger-Tetouan-Al Hoceima, the Moroccan Association for the Automobile Industry and Construction (AMICA), Tanger Med Zones, as well as executives from major international groups, including Renault Group Morocco, Gotion High-Tech, BTR, and Polydesign.
Batteries and Critical Minerals at the Heart of Discussions
Discussions focused on the development prospects of electric vehicles, battery manufacturing, electronic components, and the valorization of critical minerals, which are essential for the global energy transition.
Participants also examined ways to enhance Morocco’s integration into international industrial chains and attract new investors to these high-value sectors.
A Regional Strategy Focused on Innovation and Investment
Representing the President of the Regional Council, Omar Moro, the Director General of Services, Rabie El Khamlichi, emphasized that the Regional Development Program places economic competitiveness, innovation, productive investment, and infrastructure among its main priorities.
He stressed the need to strengthen cooperation among local authorities, international financial institutions, private investors, and industry players to support the profound transformations in the automotive sector.
Solidifying Morocco’s Position in the Industry of Tomorrow
At the conclusion of the meeting, speakers highlighted that the transition to electric mobility represents a significant opportunity for Morocco.
They advocated for the establishment of an integrated industrial ecosystem capable of supporting innovation, strengthening the Kingdom’s industrial sovereignty, and creating more skilled jobs.
With its modern infrastructure, strategic geographical position, and a rapidly expanding automotive industry, Morocco aims to consolidate its status as a key industrial platform for electric vehicles and energy transition technologies.
