China Post
AFP
Morocco and China’s Haite Group signed an agreement on Monday to launch an industrial park near Tangiers for 200 Chinese companies that will create tens of thousands of jobs.
The agreement was signed in a ceremony at the royal palace in the port city attended by King Mohammed VI. With an initial investment of US$1 billion, “Mohammed VI Tangier Tech City” aims to generate 100,000 jobs, including 90,000 for employees from the Tangiers area.
“Chinese economic operators are looking for competitive platforms and they have chosen Morocco as one of those platforms,” Industry Minister Moulay Hafid Elalamy told AFP.
