Grupo Dicastal will begin production in 2019


OMoulay Hafid Elalamy, Minister of Industry, Investment, Commerce and Digital Economy, received the President of the Citic Group Corporation and the president of Citic Dicastal, a subsidiary of Citic and the world leader in production, on Thursday, April 18, in Rabat. of aluminum wheels.

The discussions focused in particular on the progress of the ongoing construction project of the Dicastal Group's Kenitra factory, which specializes in the production of aluminum wheels.

This project, which was the subject of a memorandum of understanding signed in December 2017, under the actual presidency of King Mohammed VI, requires an investment of 350 million euros and will create 1,200 jobs.

The production, with an annual capacity of 6 million pieces, will be destined mainly for export.

In this regard, the president of Citic Dicastal pointed out that the project is being implemented according to the provisional implementation schedule and that the start of production will be, as planned, before the end of 2019.

The lectures also focused on the prospects for the development of Citic's activities in Morocco.

Given the quality of the industrial partnership between the Kingdom and the Citic Group Corporation, these prospects are very promising, particularly in the foundry sector for the fabrication of chassis and engine parts.


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