The Head of Government, Aziz Akhannouch, received on Wednesday in Rabat the CEO of Renault, François Provost, in the presence of the Minister of Industry and Trade, Ryad Mezzour, and presided over the signing of an amendment to the investment agreement with the French automotive group.
According to a statement from the Head of Government’s office, the meeting focused on mechanisms to bolster the industrial ecosystem of the Renault Group in Morocco, in order to further enhance the country’s position as a key hub in the global automotive industry. The sector, the statement noted, has become a proven lever for growth and industrial development thanks to the enlightened vision of His Majesty King Mohammed VI.
During the meeting, Akhannouch underlined that Morocco continues to capitalize on its achievements in the automotive industry through strategic partnerships with leading international groups. He emphasized that the current challenge for the Kingdom lies in opening the sector to cutting-edge technologies that will boost competitiveness globally while promoting Moroccan expertise and innovation.
Following the discussions, Akhannouch chaired the signing ceremony of an amendment to the investment agreement between Renault Group Morocco and the government, represented by Minister Mezzour. The new amendment strengthens mutual commitments aimed at ensuring the sustainability and expansion of the automotive ecosystem in Morocco.
Under the terms of the agreement, Renault Group Morocco will contribute to the creation of 7,500 direct and indirect jobs. It also marks the launch of a new phase of industrial development that will see, in the short term, the renewal of Renault’s landmark models produced in the Kingdom.
In the medium term, Renault Group plans to deepen its industrial footprint in Morocco by launching a new series of electric vehicles by 2030. This phase will include the modernization of production facilities, the upgrading of production lines, and the upskilling of Moroccan human resources—further reinforcing the group’s confidence in Morocco’s industrial platform.
The amendment also ushers in a structural development plan covering the 2025–2030 period. This plan aims to continue modernizing the Renault industrial ecosystem in Morocco through the establishment of an engineering center dedicated to research and development before the end of 2025.
Additionally, the plan supports Morocco’s ambition to consolidate its industrial leadership by enabling the production of hybrid and electric vehicles domestically, strengthening the Kingdom’s transition toward sustainable mobility.
Renault Group Morocco remains one of the cornerstones of the national automotive industry. In 2024, the group produced more than 413,000 vehicles, with 90% of “Made in Morocco” production exported to over 68 countries, confirming the country’s growing role as a competitive global manufacturing base.
