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Morocco and China’s Sunrise Group Signs a $230 Million Agreement to Boost Textile Sector.

Written By: Sino-Africa Insider
Morocco and China's Sunrise Group Signs a $230 Million Agreement to Boost Textile Sector.

In a significant boost to Morocco’s industrial sector, the Moroccan government has signed a landmark $230 million agreement with China’s Sunrise Group to establish a textile manufacturing facility in the country. This strategic partnership aims to see to the establishment of two industrial units located in Skhirat and Fez and create approximately 8,500 jobs, reinforcing Morocco’s position as a key hub for textile production and export.

The deal, finalized under the auspices of Moroccan prime minister Aziz Akhannouch and the Sunrise Group president Xu Lei, is part of the country’s broader efforts to attract foreign investment and strengthen its industrial value chain. The Sunrise Group, a leading Chinese textile manufacturer, will leverage its expertise in advanced fabric production, ensuring that the new facility aligns with global industry standards and sustainable manufacturing practices.

This investment aligns with Morocco’s ambitious industrial strategy, which seeks to enhance local production, boost exports, and create sustainable employment opportunities. The facility is expected to bolster Morocco’s textile sector, which has been a crucial component of the nation’s economy, particularly in its trade relations with Europe and other international markets.

Industry analysts highlight that the partnership with Sunrise Group underscores the growing economic collaboration between Morocco and China. It is also seen as a testament to China’s expanding footprint in Africa’s manufacturing landscape.

Speaking at the signing ceremony, Morocco’s prime minister emphasized the importance of the agreement in enhancing the country’s economic resilience and competitiveness. He noted that this investment would not only create jobs but also contribute to technology transfer and skills development in Morocco’s textile industry.

Similarly, representatives from Sunrise Group expressed their commitment to fostering a long-term partnership with Morocco, citing the country’s strategic location, skilled workforce, and business-friendly environment as key factors in their decision to invest.

The new textile facility is set to begin operations in the coming years, with expectations of driving economic growth and strengthening Morocco’s position in the global textile supply chain. As China continues to deepen its economic engagements in Africa, this deal serves as yet another example of the mutually beneficial cooperation shaping the continent’s industrial future.

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