I visited Morocco for the first time as a member of the JETRO-sponsored Morocco Green Business Mission. The mission was really rich in content, with dialogue with the Moroccan Government and the Moroccan Keidanren (CGEM), visits to the port of Tangier-Med, the gateway to North Africa, and the Renault Tangier factory, the largest car manufacturing plant in North Africa, as well as Casablanca Financial City, a new business area in Casablanca where foreign companies continue to expand, and Mohammed VI Polytechnic University and the Green Energy Park, a green energy research institute, and meetings with start-up companies.
During this visit, I attended the Japan-Morocco Business Forum and made presentation as one of the panelists and introduced MOL's green energy initiatives. I explained that North Africa such as Morocco is a region suitable for solar power and wind power generation projects and is one of the most suitable regions for producing next-generation ship fuel made from such renewable energy. The Mediterranean Sea is the busiest shipping routes and is a suitable region in terms of demand, and we are considering investing in the production and supply chain of such next-generation marine fuel. In the presentation, I also introduced a seawater desalination vessel that we are considering as a new business.
In Morocco, we have only been involved in the sea transportation of automobiles and raw materials, but I was able to fully feel the various possibilities of Morocco, so in the near future, we will set up a base in Morocco and develop the businesses. I would like to work for it.