Rabat – Exploring cooperation opportunities between Morocco and China in the textile sector was the focus of a strategic meeting held in Rabat on Thursday between the Minister Delegate in charge of Investment, Convergence and the Evaluation of Public Policies, Mohcine Jazouli, and a large delegation from the China National Textile and Apparel Council (CNTAC).
The meeting provided an opportunity to share with the delegation, led by the Council’s Vice-President, Xu Yingxin, and comprising over twenty business leaders, the remarkable opportunities represented by the Kingdom of Morocco, which has become, under the impetus of His Majesty King Mohammed VI, one of the most competitive industrial platforms in the region.
Speaking during the meeting’s opening, Jazouli noted that trade and investment between the two countries have intensified since the strategic partnership was signed in May 2016, marking a growing interest in Morocco from Chinese operators.
He also highlighted the textile sector’s remarkable potent
ial for Chinese investors, adding that Morocco, thanks to its geographical and cultural proximity with Europe, is an ideal platform for the internationalization of Chinese companies.
At the same time, the Minister underlined the availability of a young, skilled workforce, as well as access to renewable energies at competitive costs, key elements in the decarbonization of production requested today in Europe.
For his part, Yingxin noted that Morocco enjoys a solid political foundation, with a positive governmental support for foreign investment.
‘China has become Morocco’s main supplier of fabrics, reinforcing the economic complementarities between the two nations,’ he said.
For his part, President of the Moroccan Association of Textile and Clothing Industries (AMITH), Anass El Ansari, delved into the investment opportunities offered by Moroccan textiles, particularly in the upstream part of the sector, which represents an essential part of the value chain, stressing the importance of investing in activiti
es such as spinning, weaving and dyeing.
He also pointed out that Morocco offers several competitive advantages, mainly modern logistics, a privileged access to the European, American and African markets thanks to free-trade agreements.
For his part, Managing Director of the Moroccan Agency for Investment and Export Development, Ali Seddiki, presented a comprehensive vision of the Moroccan investment offer, based on six main pillars, including political stability, a favorable environment, infrastructure meeting the best international standards, broad coverage of free-trade agreements, as well as efficiency and speed of project execution.
CNTAC is the national federation covering all textile industries in the People’s Republic of China.
In 2024, several Chinese textile companies set up operations in different regions of Morocco. They have already invested over 300 million dirhams and will employ nearly 2,000 people by the end of 2025, illustrating the growing interest of Chinese textile operators in Morocc
o.
Source: Agence Marocaine De Presse