One of the production plants is a new addition to the Moroccan study and manufacture of aeronautical tools (EFOA) – group “We are”, at Casablanca’s Aeropole.
Covering an area of 2,350 m², the EFOA plant was constructed at a cost of US$5.2 million (MAD 50 million) and will manufacture basic boiler parts and aeronautical subassemblies. It is expected to creat 55 direct jobs.
The creation of this site strengthens the production capacity of the Moroccan aviation industry and follows the signature of a Memorandum of Understanding between the National Airport Authority (ONDA) and EFOA.
In Morocco, Tacaero had a turnover of US$1.34 million (MAD 12.84 million) in 2019 and is reported to have invested about US$1.46 million (MAD 14 Million) in machinery.
“These two plants are very specific and sophisticated in the fields of precision parts manufacturing in the aerospace, surface treatment, and paint industries, which are highly sought-after sectors around the world,” Elalamy said during the inauguration ceremonies.
The Minister noted that the aeronautical sector is developing, pointing out that the sector provided 17,000 new jobs since the launch of the Industrial Acceleration Plan in 2014.
The Moroccan aviation industry accounts for 140 companies and its turnover stood at US$1.77 billion (MAD 17 billion), with an integration rate of 34%, and a growth of more than 20% per year.