The MP Industry Group, which is a Romanian automotive supplier has inaugurated its first factory in Morocco on Friday. This Romanian Firm Autoparts Factory in Morocco marks a very great milestone for the automotive industry of Morocco.
This factory is located at Tanger Automotive City (TAC). It stands out as a testament to the North African country’s growing appeal as a manufacturing hub in the region.
This facility has been constructed on a 35,000 square feet plot. It is expected to manufacture and produce plastic components that will be used in the automotive industry using the advanced injection molding technology.
Also read:ย $1.3 Billion Gotion EV Battery Gigafactory Planned for Morocco
Another Upcoming Factory Project in Morocco
Morocco signed a deal worth $1.3 billion with the Chinese-European group Gotion High Tech that will foresee the construction of a gigafactory for manufacturing EV batteries. This EV batteries gigafactory will be located in Kentira, in the north-west of Morocco.
Phase one of this project is foreseen to have the capacity of 20 gigawatts per hour. Once completed it is expected to boast 100 gigawatts per hour after a global investment of $6.6 billion.
This gigafactory is scheduled to kick oof its operations in the month of June 2026. In terms of job creation, this gigafactory is expected to create a total of 17,000 direct, indirect, and induced jobs.
Cost of the Romanian Firm Autoparts Factory in Morocco
This factor project is backed by an investment of 437.62 million dirhams. Furthermore, with matters regarding job creation, it is expected to create approximately 150 direct jobs.
The inauguration ceremony of this facility was attended by quite a number of high-ranking officials of Morocco. In attendance was the countryโs Industry and Trade Minister Ryad Mezzour and Ahmed Bennis who is the CEO of Tanger Med Zones (TMZ).
โThis factory facility developed within the Renault ecosystem, once more is a testimony of how attractive our industrial platform currently is,โ the minister commented.
Significance of the Project
He added by stating that this factory is expected to contribute to the expansion of the countryโs local value chains therefore generally strengthening its productive fabric.
โWe are very delighted with this collaboration with MP Industry and other investors from Romania,โ mentioned Bennis. โOur current ambition is to play a crucial role in strengthening their international competitiveness while at the same time continuing to promote the industrial integration of the automotive sector of Morocco.โ
Also read:ย Moroccoโs Gotion EV Gigafactory $800 Million Wind Power Project
The CEO of metaplast and MP Industry Group, was optimistic about the future of the company in Morocco. โWith the positive growth of the automotive industry and the great potential in the African market, it is quite evident that MP Industry Group is on the brink of a bright future, especially in Morocco,โ he stated.
This new factory facility is equipped with cutting edge technology and also incorporates sustainable practices. It contains photovoltaic panels and even plastic waste recycling lines.
This facility is foreseen to play a pivotal role in boosting the automotive industry of Morocco. This will see the reinforcement of the countryโs key position in the globally auto market.
Also read:ย Sentury Tire set to build its first car tire factory in Morocco