Morocco’s Super Cérame, a leader in the production of ceramic stone floor and wall tiles, has launched the construction of a new ceramic plant with an investment of MAD300 million ($30.6 million),a report said.

The subsidiary of YNNA Holding aims at increasing its production capacity, which currently stands at 120,000 sq m per day, reported Morocco World News, citing the news agency Challenge.

 The construction of the new plant is expected to be completed by 2018, it added.

“Plans for the construction of this new factory are already under way,” Fouad Benzakour, CEO of Super Cerame, was quoted as saying in the report.

The production unit would add to the four other ceramic plants that the subsidiary already possesses, he noted.

“We hope to be able to export one million sq m or more depending on the market demands in the next two years,” added Benzakour.