China’s Sunrise Group to invest $422 million in Morocco’s textile sector

Morocco has signed a $422 million investment deal with Chinese textile giant Sunrise Group to boost the kingdom’s garment manufacturing sector, according to reports in Moroccan media. The agreement, signed in Rabat, establishes two industrial centers in Skhirat and Fez, creating 7,000 direct and 1,500 indirect jobs.

The project aims to develop an integrated textile supply chain, reducing logistics costs and enhancing Morocco’s global competitiveness. By producing fabrics and garments locally, Moroccan companies can fulfill international orders more efficiently and expand their market reach. 

The deal aligns with Morocco’s strategy to position itself as a regional textile hub and reflects growing economic ties with China. Prime Minister Aziz Akhannouch emphasized that the investment underscores international confidence in Morocco’s industrial potential.

Sunrise Group, which operates across Asia, views Morocco as a strategic base for expansion. The agreement follows moths of high-level talks between Moroccan government officials and Sunrise executives.