What Happened
North African Country Expands Aerospace Sector with New Suppliers
Morocco’s aerospace industry is expected to increase annual exports to $5 billion within three years, driven by new suppliers manufacturing high-value parts. The sector currently employs 25,000 people across 160 companies, including suppliers to major companies like Airbus, Boeing, and Safran. Morocco aims to move beyond component production and manufacture more complex aerospace systems, including engines and landing gear. This expansion was reported by Global Banking & Finance Review.