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TIME:2024-04-24 03:59:23 Source: Internet compilationEdit:business
CASABLANCA, Morocco (AP) — Moroccan officials are aiming to turn the country into an aviation hub, l
CASABLANCA, Morocco (AP) — Moroccan officials are aiming to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers.
The North African kingdom is among a longer list of countries vying for contracts with big manufacturers aiming to speed up production and deliver more planes to meet demand. Companies like Boeing and Airbus — as well as the manufacturers that build their components — are outsourcing design, production and maintenance to countries from Mexico to Thailand.
In Morocco, efforts to grow the country’s $2 billion-a-year aerospace industry are part of a years-long push to transform the largely agrarian economy through subsidizing manufacturers of planes, trains and automobiles. Officials hope it dovetails with efforts to grow Moroccan airlines, including the state-owned Royal Air Maroc.
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