General Manager of Bank of Africa, Shanghai Branch: Morocco Is Becoming an Increasingly Attractive Destination for Chinese Car Manufacturers
ALDAR/
Amine Lahmamsi, General Manager of the Shanghai branch of Bank of Africa, stated that Morocco is emerging as an increasingly attractive destination for Chinese automobile manufacturers, as well as for companies specializing in car components and electric vehicle (EV) batteries.
In a statement made on the sidelines of the China-Africa Forum, Lahmamsi emphasized that Morocco’s strategic geographic location, combined with its advanced logistics and transportation infrastructure, offers significant competitive advantages for Chinese companies seeking to expand into African and global markets.
He pointed out that, thanks to its numerous trade agreements and access to around 70 countries and 180 ports worldwide, Morocco represents an ideal platform for Chinese manufacturers looking to build flexible and efficient supply chains—especially in the rapidly growing EV sector.
This growing interest aligns with the dynamic development of Morocco’s automotive industry, which in recent years has succeeded in attracting major international firms, while strengthening its role as a regional hub for vehicle assembly and export to Europe, Africa, and Latin America.
Observers note that China’s increasing investment in Morocco reflects growing confidence in the country’s business climate, the deep structural reforms of its industrial sector, and the strengthened cooperation between Rabat and Beijing under the Belt and Road Initiative.
With the global transition to electric mobility accelerating, Morocco appears well-positioned to play a pivotal role in providing the infrastructure, logistics, and trade facilitation required to support the growth of this vital sector—further solidifying its status as a regional leader in green economy and future-oriented industries.
