# Shengtai Group to invest $242M in two textile plants in Morocco

China-based Shengtai Group plans to invest up to $242 million in two new textile manufacturing plants in Skhirat and Fez, Morocco, creating about 8,500 jobs. The investment will be implemented in two phases over five years.

- Type: New facility
- Announced: 2026-09-09
- Where: Skhirat and Fez, Morocco
- Value: $242.0M
- Jobs: 8,500
- Status: announced
- Capacity: 100,000 spindles of cotton yarn, 10,800 metric tons of dyed fabrics, and nearly 22 million garments
- Products: cotton yarn, fabrics, garments
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Shengtai Group](https://endata.com/companies/94002.md)

## Sources

- [texmart.info](https://www.texmart.info/shengtai-group-to-invest-242-million-in-two-textile-plants-in-morocco/), 2026-09-09: "China-based Shengtai Group is set to invest up to 2.29 billion Moroccan dirhams ($242 million) in two new textile manufacturing plants in Morocco."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.