Nexans has strengthened its industrial presence in Morocco with the inauguration of a new plant in the Nouaceur industrial acceleration zone known as Midparc.
A press release said that the plant, to be part of the companyโs telecom systems business unit, will produce fiber optic cable connectorization accessories for FTTH (Fiber to the Home), 5G, data center and LAN (Local Area Network) applications. The new site was built on 6,000 sq m of land, half for production, and will employ between 250 and 300 people by 2022. The Nexans Group currently has five sites in Morocco.
โThe initiative will enable the Nexans Group to increase its production capacity, while expanding its product range and offering new services to better satisfy its customers: supply chain optimization services, component pre-wiring and cable connectorization services,โ the release said. It will serve the European market, as well as the North African market.
The inauguration was chaired by Moulay Hafid Elalamy, Moroccoโs minister of industry, trade, green and digital economy, who welcomed the latest expansion. โThis new investment in Morocco of the industrial leader Nexans, in line with the European strategy of rationalization of the supply chain, demonstrates the competitiveness of Morocco and the resilience of the national industrial sector in this context of crisis.โ
โThis investment enables us to pursue our development strategy in this high-growth region and to have a stronger local presence in the North West African market,โ said Julien Hueber, executive vice president of Nexansโ Industry Solutions & Projects Business Group.
