The plant, which specializes in the production of plastic components for the automotive industry, represents a significant investment of €41.67 million and will create 150 jobs.
The new facility leverages advanced technologies, such as injection molding, to produce high-quality components. It aims to cater to the growing demand for automotive parts in Africa and beyond.
The establishment of this plant aligns with Morocco’s strategy to position itself as a major automotive hub in Africa. The government’s support for the automotive industry, coupled with favorable investment conditions, has attracted numerous global players to the country.
By adopting sustainable practices, including the use of solar energy and plastic waste recycling, MP Industry Group is contributing to Morocco’s environmental goals. This initiative further solidifies Morocco’s role as a key player in the global automotive industry.
SL/Sf/ac/fss/abj/APA