Mohammed VI Launches Construction Works of Africa's First Aircraft Engine Assembly Ecosystem as Safran Group Invests €350 Million [Yahoo! Finance]
SAFRAN SA UNSPON/ ADR (SAFRY)
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Source: Yahoo! Finance
CASABLANCA, Morocco, October 14, 2025 BUSINESS WIRE )--King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired in Nouaceur the presentation and launch ceremony of Safran Group's "Aircraft Engines" industrial and technological complex in Morocco. The complex will notably include a final assembly plant for aircraft engines. This strategic project brings the total value of the Group's investments in its new industrial ecosystem to €350 million and places the country among the very limited number of nations manufacturing aircraft engines. Located within the Midparc Integrated Industrial Zone, this next-generation complex will comprise a plant for the assembly and testing of LEAP engines, which notably power Airbus A320 Neo aircraft, as well as a maintenance and repair unit for new-generation engines. Morocco will become the second global production site for the LEAP-1A engine, after France. The project is expected to generate 900 qualified direct jobs by 2030, in additi
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