Soaring High: Morocco's Aerospace Industry Overview
- The Trade Adviser
- Mar 20
- 1 min read
Updated: Jun 15
Morocco's aerospace industry is rapidly evolving and gaining recognition on the global stage. With a strategic location connecting Europe and Africa, the country is becoming a significant hub for aerospace manufacturing and services. This article explores the current landscape of the aerospace industry in Morocco, highlighting its growth, challenges, and future opportunities.
Key Takeaways
Morocco's aerospace exports are projected to exceed 20 billion dirhams in 2024, marking a 20.3% increase from the previous year.
The sector is home to over 140 companies, including major players like Boeing and Airbus, indicating strong international interest.
Government initiatives, including tax breaks and infrastructure investments, are crucial in attracting foreign investment.
Morocco's strategic location offers easy access to both European and African markets, enhancing its appeal as an aerospace hub.
The aerospace industry is creating thousands of jobs, contributing significantly to Morocco's economic diversification and growth.
