United Arab Emirates-based aero-structures manufacturing company is eyeing investment in Morocco to ease supplies to its European market. The announcement was made by the company’s CEO Badr Al Olama in a statement to Reuters. “We are looking for a country near Europe, I have mentioned Morocco,” Al Olama said. Strata is owned by Mubadala Aerospace also based in the United Arab Emirates (UAE). The company specializes in aero-structures manufacturing; production of high quality aircraft components and products for original equipment manufacturers.

Source: The North Africa Journal March 08, 2017 18:00 UTC