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What to remember from the first National Industry Day

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The work of the 1st edition of the National Day of Industry opened on Wednesday, March 29 in Casablanca, on the initiative of the Ministry of Industry and Trade and the General Confederation of Moroccan Enterprises (CGEM).

This national eventorganized under the High Patronage of HM King Mohammed VI, bringing together public and private, ministries, institutions and professional federations, aims to be the platform for a constructive exchange around the development of industry, the promotion of productive investment and the Morocco label.

As part of this 1st edition of National Industry Day, two partnership agreements have been concluded. The first one agreement signed between the Ministry of Industry and Trade and the CGEM aims to define the terms of partnership between the two parties to renew the organization of this day each year.

The second agreement signed between the Ministry, the CGEM and theOMPIC aims to establish a general framework of collaboration which aims to promote the effective use of the tools of the industrial property and commercial, in particular through awareness-raising and training actions.

The rise of national industry, the fruit of a Royal Vision

Based on the principle of global economic openness and on successive complementary strategies (Emergence Plan 2005-2009, National Pact for Industrial Emergence 2009-2014, Industrial Acceleration Plan 2014-2020 and Industrial Recovery Plan 2021-2023 ), requiring under the Enlightened Conduct of His Majesty King Mohammed VI, that God assists Him, Moroccan industry strengthened on a solid base combining know-how and technologies.

Moroccan industry is part of an unprecedented dynamic around efficient industrial ecosystems. Of the industrial platforms are born, with leading players, new companies and value chains that have been greatly enriched and consolidated, erecting attractive and competitive regional hubs.

These strengths, supported by the political and macroeconomic stability of the Kingdom, its industrial know-how and its geographical proximity to growth markets, have enabled our industry to position itself in highly technological professions and specializations and to be a driving force. growth, production and export.

Thus, the industrial exports of the Kingdom have more than doubled in less than 10 years (370 billion dirhams at the end of 2022 against 159 billion dirhams at the end of 2013) and now represent 86.8% of Morocco’s total merchandise exports.

Morocco, a competitive industrial base and a continental leader

Morocco has become an essential global destination in the cutting-edge sectors of aeronautics and automotive. The automotive sector has seen its development accelerate in recent years, allowing the Kingdom to become a continental leader. Indeed, the Kingdom is the leading car producer in Africa, with a production capacity that will be increased to more than 900,000 vehicles/year and a local integration rate of 64%. The automotive industry contributes to exports with more than 110 billion Dhs to more than 70 countries by the end of 2022.

In the aeronautical sector, Morocco has become, in twenty years, the main exporter of aeronautical equipment, parts and components on the African continent, generating, in 2022, an export turnover exceeding 21 billion Dhs. The presence of major global aeronautical players has greatly gained by sitting on the Moroccan aeronautical platform and perfectly illustrates the place of the Kingdom on the regional and international chessboard.

Food industry contributes, for its part, more to the development of the halieutic and agricultural resources of the territories of Morocco and contributes to the strengthening of food sovereignty. This sector, which employs more than 194,000 people, for its part reached 44 billion Dhs of exports in 2022.

The textile and leather sector, a major provider of industrial jobs (22% of the industrial workforce), has also been able to take advantage of changes in global value chains and new consumer trends by positioning itself in sustainable and with higher added value.

These achievements have forged the resilience of the Kingdom’s industry. They have enabled it to curb the impact of the Covid-19 crisis and play a vital role in the country’s industrial, health and food sovereignty. And thanks to the ambitious plan of economic recovery which was launched by HM King Mohammed VI to enable the production sectors to recover, increase their capacity to create jobs and preserve sources of income (Royal Speech-Throne Day-July 29, 2020 ), the sector has successfully recovery of post-crisis jobs (+106% of jobs recovered at the end of January 2023) and the industrial sectors drive our country’s exports.

The Moroccan industrial platform facing new challenges

It front of vulnerabilities of global value chains and the heavy dependence on imports to secure vital supplies, sovereignty of Morocco is at the heart of the priorities. His Majesty King Mohammed VI declared in his Opening Speech of the 1st session of the 1st legislative year of the 11th legislature in October 2021 “Whether it is health, energy, industrial, food or other, its preservation has become the issue of a real competition which arouses feverish reactions in some people”.

Sovereignty is the key to ensuring the integrity of the internal market and securing jobs. It depends on the development of the productive fabric. The industry of the Kingdom is thus called, today more than ever, to strengthen its role in the national economy. It is therefore imperative to capitalize on the country’s achievements to further strengthen its resilience and competitiveness, accelerate the recovery of the national economy and anchor Morocco in promising sectors. Morocco needs, for this, an even more competitive and productive industry, integrating new activities, new know-how and offering more job opportunities.

Read also: HM the King sends a message to participants in the 1st edition of National Industry Day



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