INNOVX launches ParkX, its new subsidiary dedicated to sustainable industrial parks

INNOVX launches ParkX, its new subsidiary dedicated to sustainable industrial parks
INNOVX launches ParkX, its new subsidiary dedicated to sustainable industrial parks

INNOVX announces the creation of ParkX, its new subsidiary specializing in the planning, development and management of industrial parks that are both innovative and sustainable.

This launch is part of INNOVX’s strategy to strengthen its industrial ecosystem by promoting cutting-edge infrastructure and accelerating the transition to models focused on sustainability, INNOVX said in a press release.

ParkX stands out for its integrated approach, offering turnkey industrial land with world-class infrastructure, adapted to the needs of innovative and high value-added industries, specifies the same source.

And he continues that the objective is to create ecosystems that promote competitiveness, innovation and decarbonization, while encouraging synergy between companies established in the parks.

“At ParkX, our ambition is to meet the needs of tomorrow’s industries, by offering tailor-made solutions that take into account sustainability and innovation,” explained Othman El Yaalaoui, VP Ecosystems & Business Development at INNOVX, quoted by the press release.

And added: “We are working to create environments that promote the emergence of integrated industrial ecosystems, thus contributing to their growth and energy performance.”

Two first parks are planned in Jorf Lasfar and Benguerir, that of Jorf Lasfar is intended for advanced chemical industries, while the Benguerir park is intended for innovative and high value-added manufacturing industries, integrating cutting-edge technologies into renewable energies and agritech, reports INNOVX.

ParkX places sustainability and innovation at the center of its strategy, integrating circularity and green technologies into its industrial parks, with the aim of maximizing resource efficiency, contributing to decarbonization and improving energy efficiency of installations.

This involves sourcing renewable energy and waste management. With ParkX, INNOVX aims to support the emergence of specialized, innovative industrial parks that create sustainable value for local businesses and ecosystems.

INNOVX, a subsidiary of Mohammed VI Polytechnic University, is an impact business builder committed to meeting the global challenges of sustainability and contributing to the technological development of Morocco. It thus combines the professions of investor, technological incubator and business developer to design, develop and deploy on an industrial scale innovative, efficient technological companies and ecosystems with a strong environmental and social impact.

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