Nexans will provide high-quality products and reliable after-sales services in close proximity to Côte d'Ivoire. Ph: DR
Nexans Group, the world leader in electrical wiring and equipment, opened its first factory on Friday at its subsidiary Nexans Maroc and Abidjan, which oversees the project. African industry group "Envol Afrique".
Ivorian Vice President Daniel Kablan Duncan (several governments) attended the inauguration of the new building, which will mobilize around 15 million euros and create 100 jobs in 2020. Several diplomatic officials have been accredited by Ambassador Aiborian of Côte d'Ivoire, Abdul Marek Ketani and Abidjan.
Nexans Ivory Coast hires engineers, technicians and all ivory people trained for months in Morocco. The management of the new plant will also be a privilege of the Moroccan CEO.
Built on the new PK24 industrial area at the north exit of Abidjan, the 32,000 square meter plant produces low- and medium-voltage cables as well as transformers for residential and high-rise building markets.
It will also produce cables for power distribution systems and will be the first power plant in the region to produce transformers and prefabricated substations.
The Moroccan Ambassador to the Côte d 'Ivoire, in this position, said that Morocco and Côte d' Ivoire, which are linked to today's tough economic relations, Ivory Coast launches and other diversified areas.
The current Moroccan-Ivory Cooperation is a typical expression of the South-South partnership that was thought by King Mohammed VI and President Alassane Ouattara. Abdelmalek Kettani said.
The Nexans Ivory Coast presented a good example of inter-Korean cooperation embodied in a tripartite partnership between Morocco, France and Côte d'Ivoire.
Diplomats are also the driving force of regional economic growth, saying that Morocco is very happy to contribute to the ongoing development trend experienced by Côte d'Ivoire, and Ivorian authorities have made remarkable progress in the latest rankings of Doing Business 2019 and Mo Ibrahim.
Abdelkarim Alaoui, CEO of Morocco Nexans Côte d'Ivoire is committed to helping local growth by becoming closer to its West African clients through such large investments and creating expertise in this international group and creating new direct and indirect jobs.
Côte d 'Ivoire, the gateway to West Africa, has been the driving force of the UEMOA economy in recent years due to the continued growth of the cable and transformer market, he said. In particular, the installation of the Nexans Côte d'Ivoire plant will support the ivory program, especially for electricity, residential and tertiary construction.
"The presence of Nexans in the Côte d 'Ivoire allows our customers to have quality products and to benefit from reliable and accessible after-sales services at all times," said Nexans Cote (Nexans Côte) Ivory.
Nexans Morocco produces cables for a variety of activities (communications, mining, energy, automotive, port infrastructure, aerospace, etc.), employs 800 people and earned 1.7 billion Dirhams by the end of 2015. About € 155 million.
The Envol Group brings together 12 industrial companies in West Africa. The investment portfolio includes several sectors such as steel, profiling and roofing, aluminum, chemicals (industrial adhesives and paints), packaging, and agriculture.