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Nexans to build €100 million medium-voltage cable plant in Morocco by 2026 · Endata

◂ Announcements

Dec 14, 2023NEW FACILITYMorocco, Morocco

Nexans to build €100 million medium-voltage cable plant in Morocco by 2026

Nexans signed agreements with the Moroccan government to build a new medium-voltage cable plant in Morocco, with a total investment of €100 million. The plant is expected to create over 200 direct jobs and start operations by 2026.

Value

$109.0M (100.0M EUR)

Jobs

200

Starts operating

2026

Status

Announced

Productsmedium-voltage cables

CompaniesNexans

Sectors#Electrical Equipment

“Nexans and the Moroccan Ministry of Industry and Trade... signed two agreements involving a €100 million as a total investment plan to build the company’s third plant for medium-voltage cable in Morocco by 2026”nexans.com

2 sources
nexans.comNexans signs two memorandums of understanding with the Moroccan government for a new cable plant in Morocco - NexansDec 14, 2023
wirenet.orgNexans Cable Plant Morocco to Open in 2026WJI staff, wire servicesJan 4, 2024

Summarized from public sources; check the original articles before acting on it.

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