The sector aims to generate a turnover of 2.8 billion dollars and create 23,000 jobs by 2020. The figures were announced by Industry Minister Moulay Hafid El Alamy in a statement to local media saying that the goals set for the aeronautics sector include reaching a rate of local sourcing of 35% 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. Training features prominently in Morocco’s plan to boost its attractiveness for aviation industry investments.

Source: The North Africa Journal December 28, 2017 13:18 UTC