Leoni will extend its production capacities in Morocco. Among others, an additional plant for wiring systems will be built in Agadir, specialised in the Commercial vehicles segment and providing 3,000 new jobs. To this end, the company recently signed agreements to implement several investment projects with a delegation led by the Head of the Moroccan Government, Aziz Akhannouch.
In Agadir, the Head of Government, Aziz Akhannouch, presided over the signing ceremony of two memoranda of understanding and a framework agreement for implementing six investment projects planned by the automotive supplier Leoni. The company will enlarge its nine plants in the Casablanca-Settat region and establish a new facility in Agadir, thus creating more than 7000 new jobs by 2027. The additional wiring systems plant in the Agadir industrial acceleration zone will provide 3,000 administrative, engineering and production employees.
“I am very pleased about the agreement between our company and the Moroccan government”, states Ingo Spengler, COO and Member of the Executive Board of LEONI. “Leoni will seize the opportunity to expand its footprint in the county, which provides favourable conditions in terms of availability of skilled workers, competitiveness and logistics. The state of Morocco, in return, is developing the industrial sector being the main pillar of the national economy.”
The new plant will be specialised in producing wiring systems for the Commercial Vehicles segment, one of the growth fields of the company’s Wiring Systems Division. Leoni is supplying a growing number of truck and engine manufacturers with harnesses and associated components as well as off-road sector including agricultural, construction and industrial vehicles.
Image source: Courtesy of Leoni
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