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    Home » High-performance batteries: Morocco rolls out the green carpet for manufacturers with incentives and facilities.
    Sustainability

    High-performance batteries: Morocco rolls out the green carpet for manufacturers with incentives and facilities.

    25 May 2024No Comments3 Mins Read
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    Morocco is intensifying its efforts to become a key player in the field of high-performance batteries by implementing a series of incentives and facilities to support this emerging ecosystem. At a recent conference in Rabat, Moroccan authorities presented an ambitious roadmap aimed at attracting investments and fostering innovation in this strategic sector.

    The Ministry of Industry and Commerce unveiled a set of incentive measures to encourage national and international companies to invest in the research, production, and marketing of high-performance batteries. Among these measures are grants of up to 20% of the total project costs, tax exemptions for a period of 5 years, as well as administrative and logistical facilities to accelerate project launches.

    To stimulate innovation, the Moroccan government is also establishing support programs for research and development (R&D). These programs aim to finance innovative projects with budgets of up to 10 million dirhams per project, promote partnerships between universities and companies, and facilitate access to cutting-edge technologies. Additionally, incubators and technological hubs dedicated to batteries will be created to provide a conducive environment for the development of start-ups and technology companies.

    One of Morocco’s priorities is to develop a complete value chain around high-performance batteries. This includes not only battery production but also the manufacturing of key components, such as cathodes and anodes, as well as the recycling of used batteries. To achieve this, the country plans to attract suppliers and equipment manufacturers, thereby creating an integrated and sustainable ecosystem.

    The Minister of Industry and Commerce emphasized the importance of training and skills development to support the growth of this sector. Specialized training programs will be established in partnership with academic institutions and vocational training centers. These programs will aim to train a qualified workforce capable of meeting the needs of high-performance battery companies.

    The incentives and facilities offered by the Moroccan government are part of the national strategy for energy transition and sustainable development. By promoting the development of advanced battery technologies, Morocco hopes to reduce its dependence on fossil fuels, improve energy efficiency, and contribute to the reduction of greenhouse gas emissions.

    In conclusion, Morocco is positioning itself as a regional hub for high-performance batteries, with attractive incentive measures and a clear strategic vision. The government’s efforts to support this ecosystem promise to transform the country’s industrial landscape while contributing to its sustainable development and energy transition goals. National and international companies are invited to seize the opportunities offered by this rapidly expanding market and to help make Morocco a global leader in the field of high-performance batteries.

    batteries: Green High-performance Morocco rolls
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