10-06-2025
CGEM Delegation Begins Mission in Korea to Boost Economic Cooperation
Rabat – A delegation from the General Confederation of Moroccan Enterprises (CGEM) started a mission in Seoul, Korea, on Monday. The goal is to strengthen economic ties and explore new opportunities for cooperation and investment between Moroccan and Korean companies.
Led by CGEM President Chakib Alj, the group includes businesses from various sectors such as automotive, plastics, chemical and para-chemical industries, food processing, heavy industry, pharmaceuticals, mining, renewable energy, and new technologies.
The first stop for the delegation was the Incheon Free Economic Zone (IFEZ). Chafik Rachadi, Morocco's ambassador to Korea, joined the visit. Wonsok Yun, commissioner of IFEZ, introduced the delegation to the dynamic business environment of the zone, which hosts over 300 foreign companies involved in manufacturing and research and development.
A highlight of the visit was the Smart City Integrated Operation Center (SCIOC). Operating since 2012, this center manages important city services in real time, such as traffic control, emergency response, environmental monitoring, and infrastructure maintenance.
The delegation also visited the Samsung Innovation Museum (SIM) in Suwon, near Seoul. This museum showcases the history of Samsung's key innovations, from early electrical devices to the latest technological solutions.
The mission will continue until June 13. It includes meetings with leading Korean companies, professional organizations like the Korea International Trade Association (KITA) and the Korea Chamber of Commerce and Industry (KCCI), as well as business-to-business meetings and sector-specific sessions.
The trip is expected to pave the way for stronger economic partnerships between Morocco and Korea. By engaging directly with key Korean companies and institutions, the delegation aims to attract investment, foster joint ventures, and open new export markets for Moroccan products.
The meetings and sector-specific sessions also aim to lead to technology transfers, enhanced industrial cooperation, and the development of strategic sectors in line with Morocco's national priorities. Tags: CGEMeconomyMorocco and Korea
