Morocco: Gaits Foreign Direct Investment Expansion into Casablanca
By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- One of the world’s leading industrial instrumentation and maintenance companies – Yokogawa Group divulged its plans to launch a subsidiary in Morocco’s largest city – Casablanca. Although the company already operates in Africa through distributors and integrators such as Metis Africa which cover a dozen Sub-Saharan countries, Yokogawa is set to take on the Moroccan market directly. The group is geared to increase its customer base in Morocco in diverse economic sectors; such as energy, chemicals and petrochemicals, drug manufacturing, Agric –food and water/waste treatment. Quite recently, a German electrical and electronic industrial technology company, Phoenix Contact launched a subsidiary in Morocco. Also, in...
Posted On 19 Aug 2019
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