Nexans signs two memoranda of understanding with the Moroccan government


(AOF) – Nexans and the Moroccan government have signed two agreements relating to an investment project worth a total of 100 million euros by 2026, with a view to creating a third cable factory in Morocco. medium-voltage energy of the company, already established in Casablanca and Mohammedia.

This project reinforces Nexans’ commitment to the energy transition in Morocco and on the African continent. It will allow the creation of more than 200 direct jobs, and will benefit from the support of the National Office of Electricity and Drinking Water (ONEE) and the Moroccan Agency for the Development of Investments and Exports (AMDIE). ).

It will also bring together the group’s standards of excellence, particularly in terms of 4.0 digitalization and cutting-edge innovation for sustainable energy resources, and will enable the delivery of cables to Africa.

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