Nexans Signs Agreements for New Cable Plant in Morocco
Nexansย has signed two memorandums of understanding (MoUs) with the Government of Morocco to build a new state-of-the-art cable plant. The facility, expected to open inย 2026, will support the countryโs growing renewable energy and electrification goals.
Strengthening Moroccoโs Sustainable Energy Goals
Nexans signed the agreements with several government entities, including theย Ministry of Industry and Trade, theย Ministry of Energy Transition and Sustainable Development, theย Ministry of Investment, theย National Office of Electricity and Drinking Water (ONEE), and theย Moroccan Investment and Export Development Agency (AMDIE).
The new facility will represent aย โฌ100โฏmillion investment, making it Nexansโ third medium-voltage cable plant in Morocco. The company already operates successful production sites in Casablanca and Mohammedia. The project reflects Nexansโ deep commitment to advancing industrial growth and sustainable electrification across Africa.
Driving Job Creation and Innovation
When complete, the cable plant will createย over 200 direct jobsย and adopt the companyโs Industryโฏ4.0 digitalization and efficiency standards. Nexans plans to source advanced technology and sustainable manufacturing practices to deliver high-quality cables to meet growing demand throughout Africa.
Shared Commitment to Sustainable Leadership
โI commend Moroccoโs outstanding leadership in expanding access to sustainable electrification,โ said Nexans CEO ChristopherโฏGuรฉrin. He explained that the project supports the vision ofย King MohammedโฏVIย to accelerate renewable energy infrastructure and industrial excellence across the African continent.
Building an Industrial Future for Africa
Morocco aims to strengthen its industrial ecosystem in the coming years. Through this partnership, the country will enhance local technical expertise, modernize production capabilities, and promote renewable energy development.
Guรฉrin emphasized that the project demonstrates the power of collaboration between public and private sectors. โThis initiative represents both ecological and human progress,โ he said, โwhile unlocking significant economic opportunity for all of Africa.โ