In Morocco, the sector Aerospace consists of true centers of excellence for production, services, maintenance and engineering.

The number of settlements has increased sharply in recent years with cumulative investment since 2002 of 2.7 billion dirham’s. The sector now has more than 60 companies (nearly 70% under 5 years of existence). They have done, under the year 2008 a turnover of 6.6 billion dirham’s, with a workforce of over 7,000 jobs and professions integrating more and more value.

However, the estimated potential for growth is still significantly higher. To do it an Offer Morocco has been dedicated.

Morocco offers a dedicated

To exploit this potential, the Moroccan industrial strategy aims to strengthen the attractiveness of the Kingdom through the establishment of dedicated Offer Morocco.
Offer Morocco for the Aerospace sector is structured around three components:

The attractive incentive framework through:

• The free zone provides a total exemption from corporate tax for the first 5 years followed by a cap at 8.75%
• Aid for the installation of up to 10% of the total investment

A device development HR qualified with:

• Help system operators in their efforts to employment and training continues
• Training plan adapted to the needs of the Aviation & Space

 A diverse selection of properties is conforms to best international standards in an Integrated Industrial Platform (P2i) and benefiting from dedicated free zone status.

 Furthermore, financing offers  tailored to the needs of investors in the automotive supplement of the Offer from Morocco. 

Strong competitiveness on costs

Due to its geographical location, low cost of its labor and financial incentives it offers, Morocco has for the Aerospace sector a competitive advantage on costs:

Cost comparison between Morocco and southern Europe for certain financial items (illustrative):

- Cost of labor: Up to 50%
- IS (%): -100% (for 5 years)
- Transport: Up to 150%
                                                              >> Total costs: To -30%

A socio-economic environment

In addition to the strategic measures adopted to strengthen the attractiveness of Morocco as a destination, the Kingdom has structural advantages, favorable to the emergence of a dynamic and competitive industrial base:

• Geographical proximity (3h plane)
• Political stability in a democratic and peaceful area
• Culture of openness and tolerance
• Favorable recent economic performance
• Solid growth based on good fundamentals
• Access to a market of one billion consumers
• Skilled workforce, cost competitive
• Main d’œuvre qualifiée, aux coûts compétitifs
  

For more information on developing your business in Morocco, thank you to contact the Agency Moroccan of Development of Investment

Moroccan Agency of Investment of Development (AMDI)
Address: 32 rue Honain angle Avenue Michlifen
Agdal - Rabat, Morocco
Phone: + 212 537 67 34 20/21
Fax: + 212 537 67 34 17/42
Mehdi ELKHATIB : melkhatib@invest.gov.ma