MOROCCO – Flyargo, a Polish aeronautics company, and Tower Tech, a telecommunications operator, have expressed their interest in expanding into Morocco.
Flyargo CEO Maciej Rudnicki and Tower Tech CEO Dariusz Gorecki shared their intention to invest in Morocco with the Moroccan Ambassador to Poland, Abderrahim Atmoun.
Rudnicki and Gorecki expressed their desire to benefit from Morocco’s position to penetrate the African market.
According to a press release from the Moroccan Embassy in Poland, the meeting between Ambassador Atmoun and the Polish businessmen aimed to promote and encourage economic cooperation between Morocco and Poland.
He also expressed his hope that Morocco and Poland will increase exchanges and improve their economic and cultural cooperation.
Throughout October, Atmoun met with representatives from several business organizations and entrepreneurs in Poland, including Employers of Poland, the country’s largest business lobby, and the Warsaw Chamber of Commerce.
Relations between Morocco and Poland significantly improved this year. In February, Atmoun co-chaired the creation of a Polish-Moroccan Parliamentary Friendship Group.
A few weeks before the creation of the group, the President of the Polish Senate, Tomasz Grodzki, spoke highly of the progress Morocco has made in recent years.
He also expressed his hope that Morocco and Poland will increase exchanges and improve their economic and cultural cooperation.
Regular meetings between Moroccan and Polish representatives indicate a growing partnership that could translate to Polish investments in Morocco and increased trade.
In 2019, Morocco’s exports to the Central European country reached US$452.85 million, while its imports stood at US$336.92 million.
Flyargo specializes in manufacturing light multi-usage helicopters. The company’s helicopters are especially valuable in the fields of health — to provide emergency medical care — and agriculture.
Meanwhile, Tower Tech specializes in manufacturing telecommunication tools, including radio towers and communication masts.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE
