Finance

Morocco: Thales to build a 3D Printing plant in Casablanca

Monday, 14 December 2015 19:47

In a release published on December 8, French Industrial group Thales announced it was going to implant in Casablanca a plant specialized in additive manufacturing also known as 3D printing.

The factory which is to be built on 1,000 m2 will in its initial stage produce satellites parts, said the electronic firm active in the aerospace, defense, security and land transportation sectors. The company however, did not disclose the amount of the investment.  

The 3D printing process selected by the French group consists in binding metal powders with a high power laser.

The plant which was scheduled to commence production in 2018, fully integrates Morocco’s 2014-2020 Industrial Acceleration Scheme which plans for the establishment of an innovating ecosystem involving Thales and its locals suppliers.

“This centre of competence and production will help us benefit from an ecosystem of industrial suppliers efficient in the mechanical industry and able to meet our needs and requirements in terms of materials, skills and reproducibility specific to the aerospace markets,” emphasized Pierre Prigent, director of Thales Morocco, cited in the release.

“This project strengthens Morocco’s position as a key platform, building up its aerospace ecosystem, through the introduction of this technology, which will undoubtedly shape the future of the aerospace industry,” says Morocco’s minister of industry, Moulay Hafid Elalamy.

Thales, installed in Morocco since 2006, already won a number of contracts in the sectors of defense, aerospace, transport and security.

On the same topic
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Okoumé Capital licensed as fund manager by regional regulator Approval enables expansion across Central African financial markets Firm aims to boost...
Most Read
01

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.