Further to the announcement last November of its decision to establish a manufacturing facility in Morocco, Bombardier Aerospace confirmed today that it has signed an agreement with Midparc Investment S.A., a Moroccan property holding and management company, to purchase from them the land required for its new plant in the Midparc Casablanca Free Zone, in Nouaceur.
“The selection of Nouaceur as the site for our fully integrated manufacturing facility is an important first step in the successful establishment of Bombardier Aerospace in Morocco,” said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. “The site met our stringent requirements and high standards and we look forward to the start of the construction and production of the first Moroccan-built Bombardier aircraft components.
“We are committed to our long-term relationship with the Moroccan Government to develop a world-class aerospace industry and to serve as a catalyst for this industry in the country,” added Mr. Hachey.
“We are proud of the confidence shown by Bombardier, the launch customer of the Midparc Casablanca Free Zone, a new integrated industrial platform linked to the industrial development plan and dedicated to aerospace, defense and on-board electronic safety industries,” said Benbrahim El Andaloussi, Midparc President, the Moroccan company responsible for the development of this free zone and affiliated with Midparc Investment.
Bombardier Aerospace intends to invest approximately $200 million US in equipment, buildings and start-up costs over the next eight years. Construction of the facility will take place in phases
Source: Bombadier Aerospace
Date: Jun 19, 2012