Meeting with the President of Qingdao Sentury Tire Co. Ltd

On Tuesday, February 20, 2024, Mr. Mohcine JAZOULI, the Minister Delegate in charge of Investment, Convergence, and Public Policy Evaluation, held a meeting with Mr. Lanny LIN, President of Qingdao Sentury Tire Co. Ltd, one of the fastest-growing companies specializing in the production of eco-friendly, high-quality, and high-performance tires.

Tires remain a missing product in the Moroccan automotive ecosystem, and this investment can add a link to the value chain of the Moroccan automotive industry.

Minister JAZOULI highlighted the rapid growth of the Moroccan automotive sector, which is a testament to the Visionary Leadership of His Majesty King Mohammed VI. Morocco has emerged as a destination of choice for investors, attracting many key players in the automotive industry who have chosen to establish their factories there.

The profitability of the sector and its ability to meet the requirements of automotive manufacturers throughout the value chain are major assets for Morocco. This remarkable expansion positions the country as a leading automotive hub at both the continental and international levels.