Morocco

tender

5 credits

*** ***, owner of the newly established «*** Company ***» company in the city of Casablanca, visited our office and had a meeting with him. The person mentioned has a technician training specialized in the food industry; *** stated that he was responsible for commercial affairs and collection of receivables in the “***” food and other product analysis laboratory. He stated that he wanted to cooperate with a Turkish partner for the investment he wanted to make in the Rabat or Casablanca region. With the investment to be made, the industrialization (production and packaging) of the Moroccan paste based on peanuts/almonds, olive oil/argan oil and honey called "***", which is currently handmade by cooperatives, is in question. He stated that he is looking for a Turkish partner who will finance the project 100% and has experience in production, otherwise his own company will contribute to the financing with a rate varying between 10% and 20%, the production facility will be built on a 300 m2 rented land, the estimated cost of the project is 3.2 to 3.5 million Moroccan dirhams, at least 12 people will be needed for production, and incentives ranging from 15% to 25% can be received from the Moroccan State for the investment price in question. In addition to the *** product, the factory will manufacture products such as peanut butter, almonds mixed with chocolate or peanut butter; He stated that 60% of it will be exported to European countries and Gulf countries, and 40% will be offered to the Moroccan market.