Heba Press / Rabat
In execution of the high instructions of His Majesty King Mohammed VI, Supreme Commander and Chief of General Staff of the Royal Armed Forces, aiming to modernize and strengthen the operational capabilities of the Royal Armed Forces, and thus aiming to strengthen independence and national sovereignty, particularly with regard to defense mobility equipment, the Ministry of National Defense and the… “Tata Advanced Systems Limited (TASL), affiliated with the international group (Tata Group), has established a strategic partnership aimed local production of land combat vehicle equipment (WhAP 8×8) at the factory (Tata Advanced Systems – Morocco) (TASM).
A press release from the Ministry of National Defense explains that this project also strengthens the historic ties between Morocco and India, two emerging economies whose strategic cooperation in the defense sector is at the peak of its growth.
The same source adds that the investment agreement, which provides for financing measures, tax and customs incentives, was signed by ministers representing the sectors of national defense, interior, finance, industry and investment, in the presence of representatives of the general command of the royal army. Moroccan Armed Forces and the Moroccan Agency for the Development of Investments and Exports.
The communication indicates that the signing of this investment agreement responds to local demand and exports to foreign markets, stressing that this demonstrates the ambition of Morocco and “Tata Advanced Systems Limited” for joint development South-South cooperation links, and the creation of a regional mobility equipment production hub.
He stressed that this project places Morocco at the center of attention, as a development pole in the field of defense, and opens promising horizons to investors interested in the defense and advanced technology sectors.
The communication continues that the partnership between National Defense and Tata Advanced Systems – Morocco (TASM) is part of a broader dynamic of development of the defense industry in Morocco, with the aim of gradually establishing a strategic independence, emphasizing that the factory will benefit from local supply resources, which will support the Kingdom’s industrial system and create new employment opportunities.
The same source indicates that Tata Advanced Systems Limited, known for its global experience in the field of defense systems manufacturing, has become one of the first international players to invest in Morocco in this sector, noting that this project not only contributes to meet local needs. needs, but also aims to make Morocco an emerging regional player in defense industries.
The same source explained that this project will be carried out within a maximum period of 36 months, with a local employment integration rate of 35 percent, reaching 50 percent at the end, which will allow the creation of 90 direct jobs and 250 indirect jobs.
The communication concludes that investors can expect promising prospects, reinforced by the growing demand for defense vehicles and the involvement of “Tata Advanced Systems Limited” in an integrated production model, noting that this strategy benefits from the qualifications of efficient local resources and provides a qualified workforce.
