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Tuesday, July 16, 2024

7th AMT edition: “the figures of the automotive industry will double within 3 years”

The 7th edition of the unique and unmissable professional meeting of the automotive industry, Automotive Meetings Tangier-Med (AMT) started on October 26 in the city of Tangier, with the theme “what strategy for the revival of the automobile industry.

Organized by the Moroccan Association for the Automobile Industry and Construction (AMICA), this edition of the AMT after the forced break imposed by the Covid-19 pandemic, brought together all the players of the sector to discuss the challenges of the growing automotive industry in Morocco

From the outset, the Minister of Industry and Trade, Ryad Mezzour congratulated the automotive sector for the work done, by taking an active part in the development of the Kingdom. “How far this industry has come. You have done a magnificent, exceptional job. Thank you and congratulations to all of you. Who could have imagined fifteen years ago that we would be there? But thanks to His Majesty’s vision, we can now end 2022, with 100 billion dirhams of exports for the automotive sector, “said the first official of the Ministry of Industry.

For him, it is the vision and ambition of His Majesty King Mohammed VI that today allows the celebration of the automotive industrial platform, “which is one of the most efficient in the world, with more than 60% of integration, more than 220,000 jobs, extremely encouraging and transformative investment projects for our country. Figures that can be doubled or even tripled in the next three years if the entire ecosystem continues to work with the same motivation. “The 200 billion dirhams of export are within our reach. I would even say that they are identified,” said Ryad Mezzour.

With its carbon-free energy platform within a few years, Morocco has all the assets (increasing production capacity, transformation of sustainable mobility, renewable energies at very competitive prices, raw materials (nickel, manganese, lithium, cobalt, etc) to face the challenges and issues of the future, especially since the Kingdom exports 88% of its automotive production to a market that has decided to go electric in 2035.

Opened on October 26, Automotive Meetings Tangier-Med, a meeting point between operators in the sector and an exhibition space for the know-how of Moroccan automotive players, will close its doors in two days.

This seventh edition is an opportunity to take stock of several topics that are topical in the Moroccan automotive industry, in this case the repercussions of the coronavirus pandemic crisis, the change in the Supply Chain, the difficulties of supply and the impact of the high cost of energy on the Moroccan industrial sector.

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