Home Finance & Business Aciturri opens new production site in Morocco’s Midparc industrial zone

Aciturri opens new production site in Morocco’s Midparc industrial zone

On Wednesday, Aciturri, a leading Spanish aerospace company specializing in aircraft structures and engine component manufacturing, inaugurated its new production site in the Midparc industrial zone in Nouaceur, Morocco. This marks a significant milestone for the company, following its acquisition of GOAM Industrie in 2023, and represents a major investment of over 30 million dirhams. The new facility, covering 2,800 square meters, focuses on machining aircraft engine blades and is expected to create 100 jobs in the long term.

Afaf Saidi, Director of Aeronautical, Railway, Naval, and Renewable Energy Industries at the Ministry of Industry and Commerce, emphasized the importance of this opening for Morocco’s growing aerospace sector. The new site will produce engine parts for renowned programs, including the LEAP (Leading Edge Aviation Propulsion) 1A, LEAP 1B, and LEAP 1C engines. Saidi highlighted that Aciturri’s investment is a testament to the attractiveness and competitiveness of Morocco’s industrial ecosystem, supported by a highly skilled workforce.

“We are proud to welcome a key player like Aciturri, the first Spanish industrial group to establish a presence in Morocco’s aerospace platform,” said Saidi. “This reflects the strong economic ties between Spain and Morocco.” She added that Aciturri’s acquisition of GOAM will double its production capacity and further strengthen Morocco’s aerospace value chain.

Gines Clemente, CEO of Aciturri, explained the company’s decision to expand into Morocco as part of a strategic growth plan. Currently, 80% of Aciturri’s business is focused on aerospace, but the company aims to multiply its engine sector revenue by five or six times. The move to Morocco aligns with the company’s ambition to develop the engine market while reinforcing its presence in France and Spain.

Hamid Benbrahim El Andaloussi, President of Midparc, expressed his enthusiasm for hosting Aciturri, a key supplier for Safran and Airbus. He noted that Aciturri’s presence in Morocco, alongside its propulsion activities in Bouskoura, marks the start of a new phase of growth for Morocco’s aerospace sector, driven by market diversification and increased foreign investment.

El Andaloussi also highlighted Morocco’s growing prominence in the global aerospace industry, boasting an annual growth rate of over 20%, exports valued at $4.5 billion, and a workforce of 40,000 young professionals, with 40% local value added.

The inauguration was attended by key figures, including Khalid Safir, Director General of the Caisse de Dépôt et de Gestion, Spanish Ambassador to Rabat Enrique Ojeda Vila, and Abdellah Chater, Governor of the Nouaceur Province.

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