For the industrial sector, 2011 represent a turning point for the emergence of a strong and competitive industrial Morocco. It is in all cases the claims of the initiators of a national conference of industry whose second edition was held in Casablanca on Thursday.
The current exercise should thus give the kick off of the flagship projects as well as new mechanisms to support innovation. A propensity particularly timely since it must be said that the development of the "Covenant of the emerging industry, some segments of the industrial texture were put to their credit many achievements. 2010 which was marked by the acceleration strategies based on targeting voluntary export oriented sectors, has given more visibility to MMM (Global Trades Morocco), namely aerospace, automotive and electronics. Since then, there has also been a strategic repositioning of the food. Through a series of targeted measures, significant advances have been made in the implementation and operationalization of the new strategy to ensure greater competitiveness of MMM. The basic question has not arisen since the funds remain fairly consistent. This will be shown for the state budget of 12.4 billion dirhams. 34% of funds are allocated to training and 24% to encourage investment.
A contribution of nearly $ 1 billion dirhams was introduced by Hassan II Fund for the period 2009-2012. Being therefore in a strategic national industrial policy, the aerospace sector continues to maintain flight. Its development has been carried by large operators like Safran, EADS and Matis Aerospace, which ensured the credibility of Morocco destination for investments in this sector. With an orientation close to 100% export, and despite the high exposure to global financial and economic crisis, the aviation sector was more resilient to the negative effects of the crisis.
Nevertheless, and due to the lagged effect of the crisis, particularly owing to the impact the downturn in the airline on orders from major global companies, this sector is preparing for a possible contraction. Taking the road well enough, the automotive sector has also witnessed tangible results. Thus, 10 projects have received the aid car to install the Hassan II Fund. They awarded a loan to the Renault Tanger Med an equivalent amount in dirhams to 200 million euro for the completion of its production of cars in the industrial zone Melloussa.
In addition, many promotional activities were undertaken by the Moroccan National Agency for the development of investment in target countries and promotion plans in the direction of France and Spain were established. In the field of electronics, two projects have received assistance for installing the Hassan II Fund and a free zone status has been implemented as part of P2I. In the same vein, the Offer home electronics has materialized with the launch of the electronic cluster of Mohammedia (16 hectares) and the Rabat Technopolis, which entered service in September 2008 with a first tranche of 30 hectares that may extend up to 300 hectares. This platform dedicated to the creation, incubation and promotion of innovative projects with high potential, has a cluster of micro-electronics. The food industry has benefited from its development plan for industries with high export potential (canned fruits and vegetables, olive and argan, spices and medicinal and aromatic plants).
Further development plans and restructuring of commodity chains national (development of a plan meat and accelerated development plan for the dairy industry), it was developed a plan for targeted support for "intermediate sectors. On the other hand, in search of new opportunities for the sector was one of the main thrusts of the new strategy of foreign trade, particularly through the promotion of development in 17 markets targeting foreigners.
In addition to better and repositioning, the pact dedicated to textiles and clothing is slow to bear fruit. The sector is struggling to extricate a number of structural weaknesses that hamper the highly competitive national chain and make it much more vulnerable to the vagaries of the international situation. The activity always stumbles on the lack of hedging against exchange risk both in import and export and the level of integration into the international distribution channels.
Objectives for 2015 Based on five pillars, the Covenant of the emerging industry comprises some 111 measures. They are so dedicated to MMM 56 measures, 48 for business competitiveness and 7 others for governance and enforcement actions. The clear objective for 2015 aims to strengthen the industrial GDP and export sector, with respectively more than 50 billion dirhams to 95 billion dirhams, the creation of 220,000 jobs and the attraction of 50 billion dirhams of private investment. In this vein, the spotlight has been given to SMEs. In addition to a targeted plan for growth of SMEs and enhancing their productivity and plan proactive reconfiguration and consolidation of the fabric, it is intended to accelerate the creation of new SMEs competitive.
The current exercise should thus give the kick off of the flagship projects as well as new mechanisms to support innovation. A propensity particularly timely since it must be said that the development of the "Covenant of the emerging industry, some segments of the industrial texture were put to their credit many achievements. 2010 which was marked by the acceleration strategies based on targeting voluntary export oriented sectors, has given more visibility to MMM (Global Trades Morocco), namely aerospace, automotive and electronics. Since then, there has also been a strategic repositioning of the food. Through a series of targeted measures, significant advances have been made in the implementation and operationalization of the new strategy to ensure greater competitiveness of MMM. The basic question has not arisen since the funds remain fairly consistent. This will be shown for the state budget of 12.4 billion dirhams. 34% of funds are allocated to training and 24% to encourage investment.
A contribution of nearly $ 1 billion dirhams was introduced by Hassan II Fund for the period 2009-2012. Being therefore in a strategic national industrial policy, the aerospace sector continues to maintain flight. Its development has been carried by large operators like Safran, EADS and Matis Aerospace, which ensured the credibility of Morocco destination for investments in this sector. With an orientation close to 100% export, and despite the high exposure to global financial and economic crisis, the aviation sector was more resilient to the negative effects of the crisis.
Nevertheless, and due to the lagged effect of the crisis, particularly owing to the impact the downturn in the airline on orders from major global companies, this sector is preparing for a possible contraction. Taking the road well enough, the automotive sector has also witnessed tangible results. Thus, 10 projects have received the aid car to install the Hassan II Fund. They awarded a loan to the Renault Tanger Med an equivalent amount in dirhams to 200 million euro for the completion of its production of cars in the industrial zone Melloussa.
In addition, many promotional activities were undertaken by the Moroccan National Agency for the development of investment in target countries and promotion plans in the direction of France and Spain were established. In the field of electronics, two projects have received assistance for installing the Hassan II Fund and a free zone status has been implemented as part of P2I. In the same vein, the Offer home electronics has materialized with the launch of the electronic cluster of Mohammedia (16 hectares) and the Rabat Technopolis, which entered service in September 2008 with a first tranche of 30 hectares that may extend up to 300 hectares. This platform dedicated to the creation, incubation and promotion of innovative projects with high potential, has a cluster of micro-electronics. The food industry has benefited from its development plan for industries with high export potential (canned fruits and vegetables, olive and argan, spices and medicinal and aromatic plants).
Further development plans and restructuring of commodity chains national (development of a plan meat and accelerated development plan for the dairy industry), it was developed a plan for targeted support for "intermediate sectors. On the other hand, in search of new opportunities for the sector was one of the main thrusts of the new strategy of foreign trade, particularly through the promotion of development in 17 markets targeting foreigners.
In addition to better and repositioning, the pact dedicated to textiles and clothing is slow to bear fruit. The sector is struggling to extricate a number of structural weaknesses that hamper the highly competitive national chain and make it much more vulnerable to the vagaries of the international situation. The activity always stumbles on the lack of hedging against exchange risk both in import and export and the level of integration into the international distribution channels.
Objectives for 2015 Based on five pillars, the Covenant of the emerging industry comprises some 111 measures. They are so dedicated to MMM 56 measures, 48 for business competitiveness and 7 others for governance and enforcement actions. The clear objective for 2015 aims to strengthen the industrial GDP and export sector, with respectively more than 50 billion dirhams to 95 billion dirhams, the creation of 220,000 jobs and the attraction of 50 billion dirhams of private investment. In this vein, the spotlight has been given to SMEs. In addition to a targeted plan for growth of SMEs and enhancing their productivity and plan proactive reconfiguration and consolidation of the fabric, it is intended to accelerate the creation of new SMEs competitive.
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