SUBSIDY TO THE AUTOMOTIVE, AERONAUTICS AND ELECTRONICS SECTORS

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SUBSIDY TO THE AUTOMOTIVE, AERONAUTICS AND ELECTRONICS SECTORS
Incentive Category : Contribution

Description

Subsidy to the automotive, aeronautics and electronics sectors.

Organization

Hassan II Fund

Detail

Subsidies up to 15% of the total amount of the investment, limited up to MMAD 30 as follows :

• 30% of the cost of professional buildings calculated on the basis of a maximum unit cost of MAD 2,000.00 excluding tax/sqm (excluding any other State contribution granted for the acquisition of land and/or the construction of professional buildings);

• 15% of the acquisition cost of new capital goods (excluding import duties and taxes) (excluding any other State contribution granted to the acquisition of capital goods).

Eligibility

Eligibility Criteria/Conditions :

. The total investment amount must be higher than MMAD 10 excluding tax;

. Investment in goods and equipment must be up to MMAD 5 excluding tax;

. Operating in one of the following sectors :

    • Manufacturing of equipment for the automotive industry ;
    • Manufacturing of equipment for the aeronautical industry ;
    • Tool and mold manufacturing for the automotive and aerospace industries ;
    • Aircraft maintenance and dismantling ;
    • Manufacturing of components for electronic assemblies and sub-assemblies;
    • Nanotechnology, microtechnology and biotechnology manufacturing activities.

Contact

Adresse : 2ème étage, Bloc A2, Avenue Allal El Fassi Complexe administratif et culturel de la Fondation Mohammed VI, Rabat