Global Arab Network (Beijing) - Morocco's Industry, Trade and New Technologies Minister Ahmed Reda Chami called on Chinese companies to invest in the car sector in Morocco.
Morocco is a plat-form of car production as it offers to investors great opportunities and access to local, African and European markets, Chami told MAP on the sidelines of the Chinese-Moroccan investment forum, held on 18-19 January.
He added that Morocco is a fast-growing market as auto sales reached 120,000 vehicles between 2005 and 2008, and are expected to increase to 240,000 vehicles by 2015.
Morocco will turn into major North-African car producer in 2012 especially with the French auto-maker Renault’ plant in Tangier.
Morocco offers infrastructure and world-class services, a skillful workforce and competitive cost, support for training and attractive incentives in the Free Trade Zones, the Minister pointed out.
On the other hand, The Sino-Moroccan investment forum ended, on Wednesday in Beijing following two days of meetings between officials and business leaders from the two countries.
Speaking to MAP at the end of the forum, Trade and New Technologies Minister Ahmed Réda Chami said the event was an opportunity to highlight investment opportunities offered by Morocco.
The participants in the forum, held on January 18-19, shed light on the business climate in the Kingdom and stressed the Moroccan authorities' commitment to support Chinese investors.
The forum, held by the Moroccan Agency for Investment Development (AMDI), brought together officials of several enterprises, banks and public institutions from the two countries.
