
Safran, EIB, AfDB, and More Are Keen to Strengthen Relations, Cooperation with Morocco
Vice President of the French National Assembly Naima Moutchou joined the growing list of officials who emphasized Morocco's development and reform across various sectors, including infrastructure.
'Morocco is, by unanimous opinion, seen as a pillar and a point of reference in a very troubled world,' she said, noting that it is 'quite fascinating' to see the country taking bold reforms across different sectors.
Moutchou made her remarks a few weeks before Throne Day, which the North African country will celebrate on July 30.
'Throne Day is not only an institutional occasion but also a moment of pride for Moroccans to see their country advancing in stability and prosperity,' she said, noting that it is clear France and Morocco are entering an unprecedented phase in their relations.
Akinwumi Adesina, President of the African Development Bank (AfDB), echoed the same sentiment, noting that King Mohamed VI's 'imprint is evident through a vision backed by action to achieve set objectives.'
Adesina cited the large-scale projects and initiatives, showing Morocco not only as a modernized country but also among Africa's most stable economies.
'Morocco's transformation is built on deep structural reforms,' he said, noting that the country combined long-term public policies with large-scale investment.
The European Investment Bank (EIB) President Nadia Calvino shared the same remarks, noting that the bank fully supports King Mohammed VI's vision for the development of more resilient and more sustainable infrastructure in Morocco.
'The EIB supports Morocco's ambition for greener and more resilient infrastructure, particularly through projects in renewable energy,' she said, citing an integrated wind program like the upcoming Noor Midelt solar complex.
EIB has supported Morocco's development through nearly 150 operations since 1979, totalling more than € 10.6 billion, she said.
Ross Mclnnes, Chairman of the Board of Safran Group, echoed similar remarks, highlighting Morocco's industrial development under King Mohammed VI's leadership.
He said Morocco's development has 'real expertise' in key sectors, including aerospace, automotive, and renewable energy.
The Safran executive notably commended the skill level of Morocco's workforce, emphasizing the importance of partnership between Morocco and the aerospace company.
'Today, we have more than 5,000 employees in Morocco across over eight sites and we hope to continue in this direction, as Morocco is one of our two or three most important countries outside France,' he said, recalling the country's 2030 World Cup project.
'I believe it will be a great showcase for Morocco as an African and Euro-Mediterranean hub, especially since the country's reach into Africa is one of its major attractions for investors like us- and for the country itself in its deserved international status.' Tags: aerospace in Moroccoafrica economy
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