Investment: Establishment of the First Gigafactory in the Middle East & Africa Region in the Kingdom of Morocco
- Establishment of the first Gigafactory in the Middle East & Africa region in the Kingdom of Morocco ;
- An investment amounting to 12.8 billion dirhams, which will create 17,000 direct, indirect, and induced jobs, including 2,300 highly skilled positions.
On Thursday, June 6th, the Head of Government, Mr. Aziz Akhannouch, presided over the signing ceremony of the strategic investment agreement between the Sino-European group GOTION High-Tech and the Moroccan State in Rabat.
This major strategic investment, which focuses on establishing a complete industrial ecosystem for electric battery manufacturing in Kenitra, is not only the first "gigafactory" to be built in Morocco but also the first of its kind in the entire Middle East & Africa region. This further strengthens the Kingdom's regional leadership position in the automotive industry and energy transition, in line with the Strategic and Enlightened Vision of His Majesty King Mohammed VI, May God Assist Him.
The agreement is signed by the Minister of the Interior, Mr. Abdelouafi LAFTIT, the Minister of Economy and Finance, Ms. Nadia FETTAH, the Minister of Equipment and Water, Mr. Nizar BARAKA, the Minister of National Territorial Planning, Urbanism, Housing, and City Policy, Ms. Fatim Ezzahra EL MANSOURI, the Minister of Economic Inclusion, Small Business, Employment, and Skills, Mr. Younes SEKKOURI, the Minister of Industry and Trade, Mr. Ryad MEZZOUR, the Minister of Energy Transition and Sustainable Development, Ms. Leila BENALI, the Minister Delegate to the Head of Government in charge of Investment, Convergence, and Evaluation of Public Policies, Mr. Mohcine JAZOULI, the Minister Delegate to the Minister of Economy and Finance, in charge of the Budget, Mr. Faouzi LEKJAA, and the President of Gotion High Tech Group, Mr. Zhen LI; in the presence of the General Director of AMDIE, Mr. Ali SEDDIKI.
