In Morocco, authorities are implementing strategies to attract investors interested in expanding their supply chains to countries with available and affordable labor
To attract investors, the Moroccan government allocates an annual budget of $2 billion to the aerospace industry for its development. This funding is part of a multi-year initiative aimed at transforming a predominantly agrarian economy by subsidizing aircraft, train, and automobile manufacturers.
When demand surged after the suspension of numerous flights during the pandemic, manufacturers struggled to build enough aircraft to meet airlines' demand.
Currently, Morocco is competing to secure contracts with major manufacturers to accelerate production and deliver more aircraft to meet a constantly evolving demand
This industry is based on all the requirements needed by an investor in Morocco, primarily in terms of required human resources. Morocco is doing everything possible to meet the needs of investors for qualified human resources,” explains Mohammed Abdeljalil, Minister of Transport and Logistics of Morocco
In fact, both companies and the Moroccan government aspire to meet the new levels of demand worldwide. The Institute of Aeronautical Trades in Casablanca specializes in training qualified workers
By supporting this sector, the authorities hope for a rapid development of Moroccan airlines
Article source:africanews