On Monday, Moroccan federations representing the agrifood and packaging industries decided to reduce the nation’s reliance on imports and generate 7,500 new direct employment possibilities by 2060.
Moroccan players in the agrifood and packaging industries banded together to lessen the MAD 8 billion weight of imports as a result of the economic crisis and rise in raw material prices.
Mounir Bari, president of Morocco’s Federation of Forest Industries, Graphic Arts, and Packaging (FIFAGE), stated that there is currently an international issue “that causes us to lose raw materials,” adding that these commodities are also becoming “extremely expensive.”
The Moroccan agrifood federations have increased the sector’s integration rate to 39 percent from the present rate of 26 percent as a result of the price hike, according to Bari.
Ryad Mezzour, Morocco’s Minister of Industry and Commerce, emphasized the importance of the agrifood industry to the Moroccan economy during the signing ceremony. Given its role in food security and sovereignty, as well as acting as a stimulus for the growth of other industrial sectors, the food industry sector is of strategic importance in the country’s industrial fabric, according to Mezzour.
The federations that yesterday signed the four local sourcing conventions reflected the relationship between the agri-food industry and other industrial sectors. The National Federation of Fisheries Products Processing and Valorization Industries (FENIP), the Moroccan Plastics Federation (FMP), the Federation of Metallurgical, Mechanical and Electromechanical Industries, and FIFAGE were on the list (FIMME).
Morocco has been attempting to produce local plastic, metallic, and paperboard packages because the packaging is an integral aspect of agrifood production and delivery.
In conjunction with Retail Holding, Morocco’s largest retail company, the UAE-based packaging producer Hotpack Global declared aspirations to take 80% of the country’s packaging market in May.
Two months previously, International Paper (IP), one of the major manufacturers of packaging made from renewable fibers, started a $10 million investment program to increase the size of its manufacturing facilities in Morocco.
The Kenitra plant alone produces 90,000 tonnes of cardboard containers annually, and IP also has facilities in Tangier.
Even in the event of trade delays brought on by pandemics or armed conflicts, Morocco is now able to meet its domestic needs thanks to international investments in the country’s packaging industry.