Chinese megaprojects in Morocco

Chinese companies are rushing to invest in the automotive industry, particularly in batteries for electric vehicles, in Morocco. In recent months, a dozen Chinese manufacturers have announced the development of megaprojects at Tanger Tech.

Chinese giant Sentury Tire was the first to announce a project to build a tire manufacturing plant for passenger and light commercial vehicles in Morocco. This was in January 2023. The plant will be built on an area of ​​20 hectares and will require an investment of $490 million (about 4.74 billion dirhams), it is reported The reasonIt should be operational by this September and produce 12 million tires per year, according to the Chinese manufacturer. Most of this production will be exported to the United States.