Our country has also been able to strengthen its position as a hub for industrial, tourism, and financial investment, as shown by the evolution of the indicators concerned, particularly in industry.
Today, the automotive, aviation, renewable energy, and food processing sectors are fundamental pillars of the national production fabric, be it in terms of attracting foreign investment, or the creation of wealth and job opportunities.
The Kingdom has become the leading exporter of cars in Africa, with a production capacity of nearly one million cars a year.
As a result, Moroccan exports from the automotive and aviation sectors have exceeded 40% of our total exports, ahead of phosphates.
To strengthen this trend, I presided over the launch ceremony of new factories early this year. This has enabled Morocco to join the exclusive circle of countries possessing the largest industrial centers in the field of aircraft engine and landing gear manufacturing.
Furthermore, the development of an integrated electric battery sector reflects Morocco's ability to anticipate technological transformations and integrate into the production chains of strategic industries.
Building on the same spirit of innovation and creativity, major projects are now being implemented with a view to making renewable energy a pillar of our energy security, as well as a catalyst for attracting industries banking on the use of competitive, carbon-free energy.
To bolster this ambitious strategy, the "Morocco Offer” project for green hydrogen was launched through the licensing of an initial group of major projects.