INNOVX has officially launched ParkX, a subsidiary dedicated to the creation of next-generation industrial parks that merge innovation with sustainability. ParkX offers turnkey land solutions with state-of-the-art infrastructure, specifically designed for high-value, innovative industries.
The initiative aims to establish dynamic industrial ecosystems that drive competitiveness, innovation, and decarbonization, while fostering synergies between companies. This ambitious project aligns with INNOVX’s broader strategy of strengthening its industrial ecosystem and accelerating the transition towards sustainable business models.
“Our goal at ParkX is to meet the needs of tomorrow’s industries by offering tailored solutions that prioritize sustainability and innovation,” explained Othman El Yaalaoui, VP of Ecosystems & Business Development at INNOVX. He further elaborated, “We are working to create environments that support the growth of integrated industrial ecosystems, contributing to their overall development and energy performance.”
The first two industrial parks are planned for Jorf Lasfar and Benguerir. The Jorf Lasfar park will focus on advanced chemical industries, while the Benguerir park will cater to innovative, high-value manufacturing industries, integrating cutting-edge technologies in renewable energy and agritech.
ParkX places sustainability and innovation at the heart of its strategy, embedding circularity and green technologies into its industrial parks. The goal is to maximize resource efficiency, contribute to decarbonization, and enhance the energy efficiency of industrial facilities. These efforts will include sourcing renewable energy and implementing waste management solutions. Through ParkX, INNOVX aims to support the development of specialized, innovative industrial parks that create lasting value for companies and local ecosystems.
INNOVX, a subsidiary of Mohammed VI Polytechnic University, is an impact business builder committed to addressing global sustainability challenges and advancing Morocco’s technological development. Acting as an investor, tech incubator, and business developer, INNOVX focuses on designing and scaling innovative, high-impact businesses and technological ecosystems that deliver strong environmental and social outcomes.