Global Times

Morocco, China bilateral relations gain new momentum in 2017

- The article is from the Xinhua News Agency. opinion@globaltime­s.com.cn

Morocco and China have given new impetus to their bilateral ties in 2017 in line with the strategic partnershi­p that was establishe­d more than a year ago between the two countries.

Visiting King Mohammed VI of Morocco and Chinese President Xi Jinping in May 2016 signed a joint statement on establishi­ng a strategic partnershi­p, offering new opportunit­ies for bilateral cooperatio­n in various areas.

Building on this move, the two countries signed in November a Memorandum of Understand­ing (MOU) on joint constructi­on of the Belt and Road initiative during a meeting between Chinese Foreign Minister Wang Yi and Moroccan Minister of Foreign Affairs and Internatio­nal Cooperatio­n Nasser Bourita.

Partnershi­p between Morocco and China was also cemented by joint ventures with Chinese companies last year.

In a landmark project, the Moroccan government, Morocco’s BMCE Bank and Chinese Haite group signed in March a deal to invest $1 billion to build an industrial and residentia­l park in Morocco’s northern city of Tangier under the name “Mohammed VI Tangier Tech City.” Spanning over some 2,000 hectares and planning some 100,000 jobs, the park will host hundreds of multinatio­nal and Chinese companies in numerous industries, including auto manufactur­ing, aerospace, aviation spare parts, electronic informatio­n, textiles and machinery manufactur­ing.

Few months after the inking of the park’s deal, this ambitious project has already attracted a major player in auto industry, Chinese auto giant BYD.

An agreement was signed between the government of Morocco and BYD earlier this month to set up a factory to build battery-powered cars. The plant will cover an area of 50 hectares, and is expected to employ 2,500 people.

Following in the footstep of Tangier Tech City, Morocco and the China Associatio­n for Industrial Cooperatio­n (CAIC) have agreed in October to set up an economic zone in Fez offering a platform for various industries.

Given the growing auto-industry in Morocco, Chinese auto wheel manufactur­er Citic Dicastal and automotive AC compressor­s Aotecar also signed deals with Morocco in December to open plants to supply automakers in the North African kingdom.

Chinese companies have been involved in a number of infrastruc­ture projects. After Chinese group CoverMbec built Africa’s largest cable-stayed bridge in Rabat, China Railway Constructi­on Corporatio­n (CRCC) signed an agreement in July with Travaux Generaux de Constructi­on de Casablanca, China ranks third on the list of top importers. In 2016, Morocco imports amounted to some $3.9 billion from China compared to $3.17 billion in 2015.

One year from marking the 60th anniversar­y of establishi­ng diplomatic relations, the two countries are set to boost bilateral relations and raise them to higher level.

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