China’s sourcing giants are seeking new markets. The Zhejiang-based Shengtai Group will invest up to 2.29 billion Moroccan dirhams ($242 million) in two textile plants in Skhirat and Fez. The project will be carried out in two phases over five years and will create 8,500 jobs in the country.
The Chinese company, which specializes in the smart textile industry and the apparel production chain, has received approval from Chinese authorities to carry out its expansion plan. The company plans to invest in land, factories, and other facilities.
The plants will produce high-quality cotton yarn, high-quality fabrics, and high-quality garments. In total, once both plants are operating at full capacity, they will produce approximately 100,000 spindles of cotton yarn and 10,800 metric tons of dyed fabrics, amounting to nearly 22 million garments.
Morocco is attracting foreign investment to develop its textile industry. The sector employs more than 200,000 people in nearly 1,600 factories. For Rabat, annual exports already exceed 44 billion dirhams ($4.692 million). This industrial growth is closely linked to the investment the Alawite kingdom is making in its network of seaports, particularly the port of Tangier-Med.
Shengtai operates textile factories in China, Vietnam, and Central America, and supplies brands such as Ralph Lauren, Lacoste, and Hugo Boss.
Fez already has a workforce and training centers linked to the textile industry. Skhirat has access to major highways and the industrial and logistics network connecting Rabat and Casablanca.
