At the opening of the 6th edition of the Automotive Meetings Tangiers on 6 February, the Minister of Industry, Investment, Trade and the Digital Economy, Moulay Hafid Elalamy, presented an encouraging review of the automotive sector, which since 2014 has been based on the Industrial Acceleration Plan and its ecosystem approach. This sector, Morocco’s leading exporter, makes the Kingdom the leading vehicle producer in Africa. Morocco can now count on three car manufacturers: Renault, PSA and BYD. Export turnover currently stands at 65 billion dirhams and no fewer than 85,000 new jobs were created over the period from 2014 to 2018, bringing the total number of jobs in the sector to 158,000. By 2022, Moulay Hafid Elalamy hopes for a production capacity of one million vehicles made in Morocco, and aims to raise the targets for export turnover, job creation and local integration rate.
