Chinese manufacturer Ningbo Boway Alloy Material Co., Ltd. is set to establish a major electronic materials strip factory in Nador, marking one of the region’s significant industrial investments, according to multiple media reports.
The project, valued at $150 million, will focus on producing high-performance alloy electronic strips, a key component used in advanced electronics, automotive systems, renewable energy technologies, and precision engineering. Once operational, the facility is expected to generate approximately 30,000 tons of alloy strips annually, strengthening supply chains and boosting Morocco’s position in high-tech materials manufacturing.
Industry observers note that Boway’s decision underscores a growing trend of global companies expanding production into North Africa, attracted by its strategic location, export potential, and improving industrial infrastructure.
The upcoming Nador facility is also anticipated to create new jobs and foster technology transfer within the region, contributing to broader economic development goals.
The investment marks another milestone in Morocco’s ongoing push to become a key manufacturing hub in the Mediterranean.