Up Coming Project In Morocco
Exodus Group, a leading industrial company, has announced plans to invest in Casablanca, Morocco, to establish a state-of-the-art recycle kraft paper manufacturing plant. The proposed plant will be built in three phases, and the total investment may reach up to USD 40 million. The fully functioning plant will have a capacity of 350 MT by the end of 2025, according to officials.
Morocco is a country with a population of approximately 36 million people, located on the north-west coast of Africa. Both local and foreign investors are increasingly exploring new business opportunities in Morocco. The country is an important player in the EMEA region and has experienced high economic growth in recent years. It is now considered a fresh market for new projects and investments, making it a favorable gateway for investors looking to invest in the fast-growing African continent.
Exodus Group’s investment in Morocco’s recycle kraft paper industry is a testament to the country’s potential for economic growth and development. The proposed plant will help create job opportunities for the local community and promote sustainable manufacturing practices, which is crucial in today’s environmentally conscious world.
Morocco’s stable business environment and support services, combined with good air links to many other African countries, make it an attractive destination for investors seeking new business opportunities in the region. The government has taken various initiatives to create an investor-friendly environment, including implementing policies that promote investment, trade, and economic growth.
Exodus Group’s investment in Morocco’s recycle kraft paper industry is a significant step towards strengthening the country’s economy and creating new opportunities for its citizens. With its strategic location and investor-friendly policies, Morocco is poised to become a hub for new business projects and investments in the years to come