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Major Developments in Morocco's Tech Landscape
In a significant move for Morocco's technological infrastructure, an American AI consortium has acquired land from Lalla Meryem, the elder sister of King Mohammed VI, located near Casablanca. This site is earmarked for the construction of a state-of-the-art data center, representing a hefty investment of $1.2 billion. The initiative aims to bolster the region's technological capabilities and attract further investments in the long term. Diplomats and French companies, supported by a well-connected consultant, are keen to present solutions that could enhance investment opportunities within the kingdom.
Meanwhile, TDM Aerospace, where the king's younger brother holds a majority stake, is set to establish itself as Morocco's first direct supplier to Boeing, positioning itself at the forefront of the emerging national aerospace industry. This development is indicative of the broader trends in Morocco's economic landscape, where technology and aerospace are pivotal areas for growth.
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As reported by africaintelligence.fr.
