Auto market drives growth in Moroccan economy

Additionally
Additionally
0Comments

Growth in the Moroccan economy is coming from a somewhat unusual place — the auto sector.

BMI Research Group released a report this month showing the automotive market in Morocco is outpacing others in neighboring countries, with Morocco leading the region as the most vibrant production environment and the most attractive market.

Researchers contend that Morocco “surpasses the regional average on many fronts.”

That’s not to say there is not opportunity for improvement — however, BMI cites attractive labor costs and supportive governmental policy in playing a role in boosting the Moroccan automotive industry.

Dmitriy Shibarshin at West Coast Shipping believes new tools will continue to help drive auto markets to innovate. The company has produced a computerized calculator system that provides transparent export costs for a vehicle.

Explaining how it works, Shibarshin said users enter the ZIP code in the U.S., then choose a country import for delivery. Then they click the “calculate” button and get an instant rate on shipping.

“We aim to make shipping a car around the world as easy and reliable as FedEx ships parcels,” Shibarshin told Maghreb News Wire on Sept. 6. “All of the communication is done via our in-house logistics system, which notifies the customer when their car is picked up and delivered. There is no unnecessary paperwork to deal with.”

One major benefit of this new system, Shibarshin said, is convenience.

“Our calculator runs on any internet-connected browser, allowing anyone with a mobile phone to initiate the shipment of their car(s),” Shibarshin said. “They get real-time rates and status of container consolidation — without having to call and negotiate rates likes in the old days.”

Shibarshin sees rapid expansion for these types of assistive services.

“We see this type of tech becoming more widespread and making it easier and more affordable to move personal vehicles around the world,” Shibarshin said. “This is especially useful for people who either take their vehicles on vacation overseas, or are attending cross country rallies like the Rally Morocco Classic, because it speeds up the process, and because of consolidation availability, it lowers the barrier to entry.”



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Masoud Suleiman Musa Chairman of the Board of Directors National Oil Corporation

National Oil Corporation ensures smooth operations across all sites

The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

SONATRACH: SONATRACH: an investment program of 40 billion dollars over five years

The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

NATIONAL OIL CORPORATION: National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company

National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Maghreb News Wire.