Morocco’s leather industry aims to triple growth by 2020
12/02/2016
In 2014, the sector achieved a turnover of 4.7 billion dirhams ($480 million); by 2020, the ministry wants to this to reach 12.2 billion dirhams ($1.3 billion), including $560 million in exports.
The projects will be centred around leather shoes, leathergoods and leather garment production and have already attracted private sector investment.
"The sector has not had much luck,” said Minister of Industry Moulay Hafid Elalamy to local press, but added that now was the time for that luck to change.
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