Japanese corporation JTEKT inaugurated, Wednesday, the Tanger Automotive City, its new production site for steering systems, worth 220 million dirhams.
Inaugurated in the presence of the Wali of the Tangier-Tetouan-Al Hoceima region, Mohamed Mhidia, the governor of Fahs-Anjra province, Abdelkhalek Marzouki, the Japanese ambassador to Morocco, Takuji Hanatani, as well as several officials of the automotive industry, this factory covers an area of 11,300 square meters and is located within the Tangier Med industrial platform.
Speaking on this occasion, secretary of State to the minister of Industry, Investment, Trade and the Digital Economy, in charge of Investment, Othman El Ferdaous, said this JTEKT group plant has created 90 jobs in the automotive industry and spare parts sector in Morocco.
This plant is not only dedicated to the manufacture of automotive parts, but also a school for Moroccan workers, which Japanese investors consider highly competent and in line with technological developments, El Ferdaous said.
For his part, executive director of JTEKT Corporation, Hirofumi Matsuoka, said that this new plant in Tangier is JTEKT's first industrial site on the African continent, expressing the group's ambition to expand further in order to become the leader in Africa in terms of steering systems production.
The plant uses the latest technologies, he added, noting that the implementation of the PSA Group's ecosystem in Morocco, JTEKT's largest customer, has encouraged the Japanese OEM to locate in the Kingdom.