Morocco’s aviation industry is cruising full speed steadily and spreading its wings for takeoff. The domestic sourcing rate of the sector jumped from 17% in 2016 to 29% in 2017, while exports value rose by 18.4 during the same period. Today 15,500 are employed in Morocco’s aeronautics sector, which aims to generate a turnover of $2.8 billion and create 23,000 jobs by 2020. Besides Boeing, other global aviation industry giants launched investments in Morocco including Bombardier, Latisma, Alcoa and Stelia, a subsidiary of Airbus. Up to September 2016, 121 companies have been operating in Morocco’s aeronautics sector, which ranks 15th worldwide in terms of attracting aviation industry investments.
Source: The North Africa Journal March 13, 2018 16:18 UTC