AVIATION-
Shimco to set up shop in Morocco: Morocco’s Midparc aviation cluster has inked an agreement with Canada-based aerospace parts subcontractor Shimco to establish a facility at Nouaceur freezone, MAP reported. Shimco has committed to an initial 1.3k square meter facility with plans to double capacity in three years and triple it in seven years. Morocco’s competitive production costs contributed to Shimco’s decision to establish a hub in the country, Shimco CEO Peter Voss said, noting that Shimco is looking to double its output in the next three to four years. Morocco’s aviation industry has strong orders from major aircraft makers Airbus and Boeing, with a pipeline spanning the next ten to twelve years, Midparc Chairman Hamid Benbrahim El Andaloussi said.
LAST-MILE DELIVERY-
UAE-based logistics company Aramex has launched a fleet of e-bikes for last-mile deliveries in the UAE, according to a statement. The move looks to curb emissions, enhance efficiency, boost cost-effectiveness through reduced fuel expenses, enhance flexibility, and achieve the company’s goal to operate a 98% EV fleet by 2030. The company rolled out electric vans for last-mile delivery operations in the UAE in October.