# 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.

- Type: New facility
- Announced: 2023-12-14
- Where: Morocco, Morocco
- Value: $109.0M (100.0M EUR)
- Jobs: 200
- Starts operating: 2026
- Status: announced
- Products: medium-voltage cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md)

## Sources

- [nexans.com](https://www.nexans.com/press-releases/nexans-signs-two-memorandums-of-understanding-with-the-moroccan-government-for-a-new-cable-plant-in-morocco/), 2023-12-14: "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"
- [wirenet.org](https://wirenet.org/industry-news/nexans-to-build-cable-plant-in-morocco/), 2024-01-04: "Nexans has signed two memorandums of understanding (MoUs) with the Government of Morocco to build a new state-of-the-art cable plant."

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