Arab Today, arab today bombardier sees investment in morocco as springboard to rest region
Last Updated : GMT 20:19:06
Arab Today, arab today
Arab Today, arab today

Bombardier sees investment in Morocco as springboard to rest region

Arab Today, arab today

Arab Today, arab today Bombardier sees investment in Morocco as springboard to rest region

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Bombardier believes its investment in Morocco, a location chosen for its internationally competitive manufacturing costs, low shipping and transportation costs and proximity to Europe, will serve as a springboard to the rest of the region and help it win an important part of the continent’s demand for new aircraft, said Forbes Magazine on Wednesday. Bombardier Aerospace gained a foothold in Africa when it began operations in a transition facility near Casablanca one year ago. The eventual permanent facility, currently in construction and due to open in late 2014, represents a $200 million investment that will create 850 jobs by 2020, it said on its website. “Our investment in Morocco shows our dedication to the continent’s economic development which is so intricately linked to regional aviation. We are confident the CSeries can boost the African sector’s ability to meet demands for traffic growth, reduced emissions, improved safety and added comfort,” said Ray Jones, Senior Vice President of Sales, Marketing and Asset Management, Bombardier Commercial Aircraft during a recent interview at Bombardier’s offices in Casablanca.

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