Spanish Aerospace giant Aciturri expands in Morocco

Spanish aeronautical group Aciturri is expanding its presence in Morocco through a new partnership announced Wednesday. The agreement, signed in Casablanca in the presence of key officials, signifies a significant step forward for the nation's aerospace industry.

Aciturri previously acquired GOAM Industrie, based in Midparc, specializing in machining blades for aircraft engines. The company has already created 100 jobs in Morocco, with a target of reaching 150 by the end of 2024.

The new partnership paves the way for a dedicated Aciturri site within Midparc, with an estimated investment of 25 million dirhams ($2.4 million) planned for equipment in 2024.

Morocco's Minister of Industry and Trade, Ryad Mezzour, emphasized the project's contribution to «the strengthening of the national aeronautical industry» through developing the engine parts ecosystem, enabling technology transfer, and fostering skill development.

He sees Aciturri's expertise combined with Morocco's industrial potential as a driver of «new avenues of growth and competitiveness» in the sector.

Hamid Benbrahim El Andaloussi, president of Midparc, highlighted the agreement's importance in attracting another major player to Morocco's «already strong aeronautical industrial platform». He anticipates the partnership to further increase Moroccan integration within the engine production segment.