The Cité Mohammed VI Tanger Tech is taking a brand new main step in its growth with the welcome of two world leaders within the automotive battery business, the HAILIANG group and the SHINZOOM firm. These investments characterize a complete quantity of USD 910 million for the 12 months 2024, protecting an space of 50 hectares and creating 3,800 jobs in whole.
The settlement signing ceremony was held on Might 14 on the headquarters of BANK OF AFRICA, within the presence of Mr. Othman Benjelloun, CEO of Financial institution of Africa and President of the Société d’Aménagement de Tanger Tech (SATT), Mr. . Fouad Brini, President of TMSA, and Mr. Omar Moro, President of the Tangier Tetouan Al Hoceima Area. Additionally attending this ceremony have been Mr. Cao Jiangu, President of HAILIANG, and Mr. Pi Tao, President of SHINZOOM, accompanied by their respective administration groups.
The signed agreements mark a decisive turning level for the Moroccan automotive ecosystem. The HAILIANG Group, the main industrial copper operator in Morocco, and the SHINZOOM firm, the main anode operator, will thus strengthen their presence within the Kingdom.
The HAILIANG venture, unfold over 30 hectares, represents an funding of 450 million USD and can permit the creation of 1,800 jobs. Headquartered in Zhuji, Zhejiang Province, HAILIANG is a worldwide chief within the manufacturing of copper vehicle elements, with revenues of USD 30 billion in 2022 and a presence within the Fortune World 500. The corporate operates 22 manufacturing websites internationally and collaborates with famend corporations akin to Sunwoda.
These new tasks verify the strategic positioning of the Cité Mohammed VI Tanger Tech as a hub of excellence for worldwide industrial corporations. This growth is a part of the royal technique for selling funding and industrial competitiveness of the Kingdom.
SATT, beneath the presidency of Mr. Othman Benjelloun, continues to develop this built-in and clever metropolis over an space of 2,167 hectares. Since its launch in February 2023, the Metropolis has already welcomed round ten industrial operators. SATT is the results of a partnership between BANK OF AFRICA, Tanger Med Particular Company, the Regional Council of Tangier Tétouan Al Hoceima and the China Communications Building Firm (CCCC). Collectively, these actors are dedicated to supporting the event of the Mohammed VI Tangier Tech Metropolis and making it a reference heart for worldwide industrial investments.
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– 2024-05-15 08:43:19
