French manufacturer of small aircraft LH Aviation is preparing to open a new facility in Morocco and plans to produce the first 100% made in Morocco plane.
On a sideline note, it is worth pointing out that 10% of the company’s capital will belong soon to the Moroccan industrial Karim Bennani Mohsine, for a total amount of €4 million(about 45 million Dirhams).
Karim Bennani- Mohsine will hold 49 % of the local facility’s stakes.
The Moroccan facility will be producing initially around 80 aircraft per year and may double the number afterwards.
The Moroccan Times.
