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China-funded smart city to bring tech and jobs to Morocco

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      China

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      China-funded smart city to bring tech and jobs to Morocco

      2024-09-08 00:48 Last Updated At:04:17

      The new industrial district of Mohammed VI Tangier Tech City, a joint Chinese-Moroccan project, is taking shape in northern Morocco's coastal city of Tangier.

      The project was one of many agreed between China and Morocco during the visit of Morocco's King Mohammed VI to China in 2016.

      Construction began in the second half of last year and the new city will eventually cover approximately 2,000 hectares and host over 200 multinational companies in a range of free trade industrial zones, technology hubs, residential areas and commercial spaces.

      "The investment we are seeking is basically around automotive parts and new energy related industries. This aligns with the current trend of Chinese companies going global and Morocco's national strategy to strengthen its automotive supply chain and expand the new energy sector," said Yan Bin, General Manager of the Morocco Office at China Road and Bridge Corporation, one constructor of the project.

      The first 500 hectares of the project are currently under construction with over 80 percent of the land already allocated to around 20 multinational companies.

      "Our settlement here has been warmly welcomed by the local government as we bring advanced technology, which fills a gap in Morocco's green industry initiative. Our entry has also attracted related upstream and downstream companies, which is a crucial step in building the industry's ecosystem," said Peter Yang, General Manager of BTR Mediterranean New Material Technology.

      When it's finished, the 300-million-U.S. dollar project will directly create 100,000 local job opportunities and around 300,000 indirectly, those involved in the project say.

      The new tech city is not only for Chinese and Moroccan companies, but also welcomes companies from other countries. As Morocco has bilateral free trade agreements with the European Union and the United States, the smart city could help boost global industrial and supply chain connectivity.

      China-funded smart city to bring tech and jobs to Morocco

      China-funded smart city to bring tech and jobs to Morocco

      Next Article

      Chinese FM's visit to Ireland complete success:spokesman

      2025-02-19 05:34 Last Updated At:06:57

      Chinese Foreign Minister Wang Yi's latest visit to Ireland was a complete success, which deepens the two countries' strategic partnership for mutually beneficial cooperation, Chinese Foreign Ministry spokesman Guo Jiakun said on Tuesday.

      At the invitation of Ireland's Tánaiste and Minister for Foreign Affairs and Trade Simon Harris, Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, paid a visit to the European country from Sunday to Monday.

      "This visit came as Ireland's new government was formed. Foreign Minister Wang Yi met with Irish Taoiseach Micheal Martin and held talks with Irish Tanaiste and Minister for Foreign Affairs and Trade Simon Harris. China has already published relevant information. This visit was a complete success, further advancing the China-Ireland strategic partnership for mutually beneficial cooperation," Guo said at a regular press briefing in Beijing.

      "China appreciates Ireland's positive, pragmatic, and friendly policy towards China and stands ready to work with Ireland to implement the consensus reached by the leaders of the two countries and to be partners based on mutual trust, mutual respect and mutual support. The Irish side said it attaches great importance to and values its relationship with China, adheres to the one-China policy, and is committed to strengthening a positive and constructive partnership," he said.

      "Both sides applauded the achievements of bilateral cooperation in trade, education, and cultural and people-to-people exchanges while expressing their willingness to expand high-level cooperation," said the spokesman.

      The Irish side is optimistic about the significant opportunities that China's push for modernization and accelerated green transformation will bring to the world, according to Guo.

      "The two sides exchanged views on China-Europe relations and the international situation. They agreed to support deeper China-Europe cooperation, uphold multilateralism and free trade, safeguard the stability of industrial and supply chains, and jointly address global challenges," he said.

      Chinese FM's visit to Ireland complete success:spokesman

      Chinese FM's visit to Ireland complete success:spokesman

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