Chinese industrial conglomerate Boway Group is planning to invest USD 150 mn to set up an alloys production base at Nador port in northeastern Morocco, Moroccan outlet Sabah Agadir reports. Spanning an area of 188k sqm, the project reportedly produces 30k tons a year of alloy plates and strips, targeting the American and European markets.

More details: Construction is scheduled to start in October 2026, with completion planned for 2029. Boway Group is reportedly working on establishing a Moroccan unit to carry out the project under the name Boway Alloy New Materials, Morocco.

Boway’s move could be part of a growing trend of Chinese industrial expansion in Morocco and our region at large, as they seek lower shipping costs and tariff-friendly gateways to European and African markets amid global trade volatility. Chinese wind turbine developer Aeolon has set up a USD 340 mn industrial base in Nador’s industrial city earlier last year to manufacture wind energy components, with reports then indicating that the company’s choice of location was motivated by faster and cost-effective access to European markets.

REMEMBER- Morocco is building a climate-resilient economic zone called Betoya Industrial and Logistic Zone at Nador West, with the backing of multinational financial institutions like European Bank for Reconstruction and Development (EBRD).

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