Morocco Emerges as Aerospace Powerhouse with 150 Firms, €2.5 Billion Revenue
Marrakech – Morocco is cementing its position as a global aerospace hub, boasting 150 companies operating factories nationwide and generating €2.5 billion in annual revenue.
Speaking to French newspaper 'Le Point' at the renowned Paris Air Show, Minister of Industry and Commerce Ryad Mezzour shared insights into the sector's remarkable growth.
These aerospace enterprises, concentrated in Casablanca, Tangier, Rabat and Fez, provide full-time employment to 26,000 individuals. Their primary focus lies in producing fuselages, structural components, interior furnishings, and wiring systems.
Mezzour also shed light on the collaboration between national carrier Royal Air Maroc (RAM) and French aerospace giant Safran concerning the CFM engine.
'During French President Emmanuel Macron's visit to Morocco last October, an agreement was signed extending the partnership to the next-generation CFM-Leap engine,' he stated.
Morocco's competitive edge lies in its ability to handle advanced technology, with 23,000 engineers graduating annually, 400 of whom enter the aerospace field. 'Production costs are competitive at €25 per hour, compared to €100-120 in Europe or the US,' Mezzour stressed.
Looking ahead, the minister outlined ambitious plans: 'We will expand our offer to cabin fittings, landing gear manufacturing, and within ten years, we think we can offer a final assembly line for commercial aircraft.' He expressed confidence in doubling the sector's turnover by 2030.
RAM is currently exploring the acquisition of the Airbus A220, a narrow-body jet well-suited for its European routes. 'A study is underway for an aircraft order by RAM, which is interested in the Airbus A220, a small-to-medium range jet suited for its European network,' Mezzour confirmed.
The air show kicked off with a bang for Morocco as aviation titan Boeing inked a major deal, signaling a new chapter in its Moroccan investment strategy.
Casablanca Aeronautique, a subsidiary of French group Figeac Aero, entered into a partnership agreement to manufacture machined structural parts for Boeing's 737 MAX program.
This agreement builds upon a 2016 Memorandum of Understanding between Boeing and the Moroccan government. 'This commitment underscores the planemaker's desire to strengthen Morocco's industrial base and sustainably anchor its supply chains in the country,' Mezzour concluded. Tags: aerospace industry in moroccoMorocco aeronautics industryRyad Mezzour
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Morocco Emerges as Aerospace Powerhouse with 150 Firms, €2.5 Billion Revenue
Marrakech – Morocco is cementing its position as a global aerospace hub, boasting 150 companies operating factories nationwide and generating €2.5 billion in annual revenue. Speaking to French newspaper 'Le Point' at the renowned Paris Air Show, Minister of Industry and Commerce Ryad Mezzour shared insights into the sector's remarkable growth. These aerospace enterprises, concentrated in Casablanca, Tangier, Rabat and Fez, provide full-time employment to 26,000 individuals. Their primary focus lies in producing fuselages, structural components, interior furnishings, and wiring systems. Mezzour also shed light on the collaboration between national carrier Royal Air Maroc (RAM) and French aerospace giant Safran concerning the CFM engine. 'During French President Emmanuel Macron's visit to Morocco last October, an agreement was signed extending the partnership to the next-generation CFM-Leap engine,' he stated. Morocco's competitive edge lies in its ability to handle advanced technology, with 23,000 engineers graduating annually, 400 of whom enter the aerospace field. 'Production costs are competitive at €25 per hour, compared to €100-120 in Europe or the US,' Mezzour stressed. Looking ahead, the minister outlined ambitious plans: 'We will expand our offer to cabin fittings, landing gear manufacturing, and within ten years, we think we can offer a final assembly line for commercial aircraft.' He expressed confidence in doubling the sector's turnover by 2030. RAM is currently exploring the acquisition of the Airbus A220, a narrow-body jet well-suited for its European routes. 'A study is underway for an aircraft order by RAM, which is interested in the Airbus A220, a small-to-medium range jet suited for its European network,' Mezzour confirmed. The air show kicked off with a bang for Morocco as aviation titan Boeing inked a major deal, signaling a new chapter in its Moroccan investment strategy. Casablanca Aeronautique, a subsidiary of French group Figeac Aero, entered into a partnership agreement to manufacture machined structural parts for Boeing's 737 MAX program. This agreement builds upon a 2016 Memorandum of Understanding between Boeing and the Moroccan government. 'This commitment underscores the planemaker's desire to strengthen Morocco's industrial base and sustainably anchor its supply chains in the country,' Mezzour concluded. Tags: aerospace industry in moroccoMorocco aeronautics industryRyad Mezzour
