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  • North Morocco a walhalla for investors

    From Dutch paper:


    North Morocco a walhalla for investors



    Morocco seems is becoming rapidly backyard of Europe.
    Car manufacturers, banks and callcenters brush there. With the opening of car manufacturer Renault-Nissan a large assembly plant in the north of Morocco the development of the region will take a high flight around the port city Tanger. In 2010, the factory must be ready and produce 200,000 cars a year; of a cost of 600 millions euro. " Tanger and area is becoming an important place for the European car industry" , according to commercial director Omar Chaïb of Tanger Freezone, a free trade area of 345 hectaren large. Sixty hectares have been reserved for companies where a new Renault-Nissan wants to establish themselves .


    The German and Japanese car manufacturers, Volkswagen and Zaki have already opend a factory here , just like plane manufacturer Airbus. Daher DL Aerotechnology in Tanger are going to built air conditioning in planes. The Moroccan government does everything foreign to atractte investors. Beside Tanger Freezone there are going to zome three free trade areas in the region. export companies which establish themselves here, have been mainly profit from no tax.

    In 2010, the free trade agreement between the European Union and Morocco wil make an end to import cost. According to Chaïb, because of the lower costs in Morocco more investors and new industries wil choose for North instead of Eastern Europe - the minimum wage is 180 euro a month. Strategic position - near Europe - That makes Tanger an attractive alternative for China . The new international port Tanger Med must ensurse good transit to Europe. The first container terminal has been opened last summer. In 2008, and in 2009, follow number two, plus a port for persons and lorry traffic. The Tanger Med a capacity of 3.5 million containers a year. " We want not only to become a area for the car industry, also for the service sector. Spanish banks have for example boarded settling small credits to individuals company which has estabilished in Tanger Freezone. Callcenters for the French-speaking person and Spanish-speaking market shoot in large as mushrooms from the ground in Tanger. Even the Dutch insurance company Agis has set in Morocco an office . The north of Morocco is important to king Mohammed VI, who has been since 1999 to the power. He decided to build Tanger Med and opening Tanger Freezone . His father, Hassan II, has neglected the north many years'. For forty years the downtown, the port and the rest of the north of Morocco were structurally discriminated . Now the port city undergoes facelift. Governor Mohammed Hassad got free game of king Mohammed VI to make the city booming . Buildings shoot from the ground, parks are moored and boulevards are paved.

    © Copyright 2008 PCM Uitgevers B.V.


    http://www.maakhetmaarwaar.nl/index....=430&Itemid=33

  • #2
    The north of Morocco is important to king Mohammed VI, who has been since 1999 to the power. He decided to build Tanger Med and opening Tanger Freezone . His father, Hassan II, has neglected the north many years'. For forty years the downtown, the port and the rest of the north of Morocco were structurally discriminated . Now the port city undergoes facelift. Governor Mohammed Hassad got free game of king Mohammed VI to make the city booming . Buildings shoot from the ground, parks are moored and boulevards are paved.
    pas mal !! ils savent tout

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