News
18 May 2013
3 min read
Automotive industry: New equipment manufacturers in Kénitra
All creations and extensions should commit a total investment envelope of around 600 million dirhams and create some 5,700 direct jobs.
The automotive sector confirms the hopes placed in it to try to lead growth towards good results, commented business circles after the announcement made by the Ministry of Industry, Trade and New Technologies of the signing of 8 contracts with a view to the installation or expansion of equipment manufacturers in Kénitra. From a source close to the ministry, it is specified that these "investment contracts", the signing of which took place on Wednesday in Rabat, have received the approval of the joint commission of the Hassan II Fund for Economic and Social Development. Because most of these projects are located in the Gharb-Chrarda region, commentators have suggested that the fact that the council of the chief town is dominated by elected officials of the PJD, the political party to which Abdelkader Aâmara, the supervising minister, belongs, is not unrelated to it. All the creations and…
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