The German automobile cable group Kromberg & Schubert opened a new plant Tuesday with a new factory for an investment of 450 million dirhams, which will create more than 3000 jobs.
The opening ceremony of the subsidiary of the German company Kenitra in the Atlantic Free Zone was held in the presence of Moulay Hafid El Alamy, Minister of Industry, Commerce and Digital Economy. Minister of Energy, Minister of Mines and Sustainable Development, Aziz Rebbah, Minister of Employment and Vocational Integration, Mohamed Yatim and CEO of Hans-Otto Kromberg, German equipment manufacturer. Established in an area of 27,000 m2, the factory meets the international standards of industrial excellence and specializes in the production of electrical wire harnesses used to equip the automotive industry.
This project, part of the Industrial Acceleration Plan (PAI), strengthens and intensifies the "cabling" ecosystem, particularly through diversification of ecosystem players and a turnover of around 20%. billion dirhams.
The promising investment for the automotive sector is reflected in a strong upward trend and reflects the commitment of the management to meet the needs of its customers in the best possible way by strengthening the proximity of the industry, according to the Ministry of Finance. industry, trade and digital economy.
Since the start of this project, an investment of around 40 million euros has been made to the Kromberg & Schubert Kenitra site, which is a focused investment in the building and the purchase of technical equipment required for the production of automotive cables. Layout of work areas. Kromberg & Schubert is the world leader in the wiring harness production for the automotive industry. Established in 2016, the Moroccan subsidiary is currently one of the largest players of national industrial fabric.