Oxford Business Group: Morocco’s Geopolitical Position is a Perfect Cars-Industry Platform

Oxford Business Group: Morocco’s Geopolitical Position is a Perfect Cars-Industry Platform

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The prestigious research center of Oxford Business Group (OBG) has shed the light, during its recent Automobiles report, on the growing “Moroccan Car Assembly” industry.

According to OBG, “Morocco is benefiting from its important Geopolitical position and its know-how in the field to attract a significant number of investors, who see the kingdom as a perfect platform for exporting cars to Africa”.

The Moroccan auto industry has achieved a remarkable growth over the past decade. According to Pricewaterhouse, Morocco has become one of the largest automakers in the world.

In fact, the kingdom produced more than 100 thousands vehicles in 2012, with an increase of 83% in one year, relative to 2011, which allowed the kingdom, since then, to become the 2nd African automaker, after South Africa.

The Moroccan Times