• Up to 700 jobs to be created in Tangier
• Total investment of more than EUR 100 million
• Factory will serve the African, Middle Eastern and European wind markets
Siemens and the Moroccan government have reached an important agreement. Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs and thereby tripling Siemens’ footprint in the country. The construction of the factory is expected to start as early as the spring of 2016 and it is scheduled to commence operations in spring 2017.
“We invest where we see strong business opportunities,” said Markus Tacke, CEO of the Siemens Wind Power and Renewables Division. “Morocco is the perfect location from which to serve the growing onshore wind power markets in Africa, the Middle East and Europe. The economy is strong, the political climate is stable, and Morocco has a young, skilled and motivated workforce. These factors make Tangier the ideal site for this new state-of-the-art factory.”
Clean and renewable energy will play a major role in meeting the country’s growing energy demand. The Moroccan government’s target is to generate 42 percent of its energy demand from renewables by 2020, of which 20 percent will come from wind power. This target was revised upwards and is set to 52 percent by 2030 as announced by His Majesty King Mohammed VI at the COP 21 meeting in Paris.
