The Spanish company Martínez Otero, renowned for its expertise in hotel and retail interior design, is set to launch a production center in Morocco’s Benslimane province. This €2.2 million project marks a strategic step forward in the company’s international expansion.
The project has gained the support of Cofides, a public Spanish entity dedicated to facilitating the global growth of Spanish companies. Cofides has provided a €595,000 loan to Martínez Otero, earmarked for acquiring and installing production equipment.
This collaboration isn’t a first for Martínez Otero and Cofides. Their latest partnership falls under the Cofides Impact program, which promotes sustainable and responsible investments. Impressively, the company stands to benefit from reduced financing costs if it secures and maintains a quality certification.
Cofides justifies its support by highlighting the vibrancy of Morocco’s construction sector, which offers significant opportunities for growth. The country has become a magnet for global investors, thanks to its robust infrastructure projects and expanding real estate market.
By setting up shop in Benslimane, Martínez Otero aims to tap into this momentum, bringing its expertise to a thriving market while strengthening its foothold in North Africa.
This project isn’t just about expansion—it’s about doing it right. Martínez Otero’s alignment with Cofides Impact underscores its commitment to sustainability and responsible practices. By pursuing certification, the company is demonstrating its dedication to quality and long-term excellence.
Martínez Otero’s venture is a testament to the growing ties between Spanish businesses and Morocco’s dynamic economy. With financial backing and a clear vision, the company is poised to make a significant impact in the region while contributing to the broader development of the construction and design industries.
This initiative isn’t just about building interiors; it’s about building bridges between two thriving markets.
