Morocco has taken a crucial step in the energy and industrial sectors. The government recently signed an agreement with US-based GPM Holdings to invest 8 billion dirhams in constructing a large-scale polysilicon plant in the Tan-Tan province.
The project has been designated a national strategic priority, aimed at strengthening Morocco’s energy sovereignty. Polysilicon is a core material for manufacturing solar photovoltaic panels, and the new plant will have an annual production capacity of 30,000 tons, with 85% of its output destined for export. This will significantly position Morocco as a key player in the global energy supply chain.
Beyond its industrial value, the project also focuses on regional integration. Through associated vocational training programs, it is expected to create approximately 1,500 direct and over 2,000 indirect jobs, effectively enhancing employment opportunities for local youth and stimulating the regional economy.
This initiative not only fulfills the King’s directives to stimulate investment and reduce regional disparities but also marks the rise of Morocco’s southern provinces as new growth engines for national development, driven by high-value-added industries.
