December, Antonio Falchetti, MTA Executive Director, has signed an agreement
for the establishment of a production facility in Morocco, in the Atlantic Free Zone of Kenitra.
This new site will be operational as early as the first half of 2018 with the electromechanical division, while, in 2020, the production of electronic components is expected to start. The investment of MTA in this project, will amount to 42 million euros. The new Kenitra site will occupy an area of 50,000m² and will respect the characteristics of the other MTA sites in the world in terms of safety and architecture. Particular attention will be paid to energy efficiency, in full compliance with the rules against pollution, and the well-being of the personnel employed. MTA has forecasted to directly hire 450 people, of which at least 50 will be highly specialized engineers who will operate in Research & Development Department. With this in mind, MTA has already signed collaboration agreements with local universities and Research Centers in order to create a department of excellence that can significantly contribute to the development of the new site.
The agreement was signed by 26 different investors from different countries at the Royal Palace of Casablanca, in the presence of King Mohammed VI with the Minister of Morocco's Industry, Commerce, Investment and Digital Economy, Moulay Hafid Elalamy and the Minister of Economy and Finance, Mohamed Boussaid. This project was born within the Industrial Acceleration Plan of Morocco aimed to create an ecosystem dedicated to the automotive sector for the development of the automotive sector and local industries.