Morocco is fast becoming one of the best emerging markets for investment. Over the last decade, Morocco has witnessed an accelerated process of political, economic and social reforms, and its steady economic growth and strategic geographic position make it an investment opportunity well worth considering.
Morocco’s 2018 Doing Business ranking (69th out of 190 countries), published by the World Bank. http://www.doingbusiness.org/data/exploreeconomies/morocco
7 Top Pillars of Business Wisdoms:
- Cost Competitiveness
- Strong and Stable Macroeconomic Performances
- Free Trade Access to One Billion Consumers
- World Class Infrastructure
- Qualified Labor Force
- Sectorial Plans
- Constantly improving business Climate
For more details : http://www.invest.gov.ma/?lang=&Id=3
– A legal framework and assistance measures very favorable to investors
– Relatively low salaries
– A strategic position, not far from Europe
– A young and relatively well trained population
– Strong growth…
What are the Government measures to motivate or restrict investment in Morocco?
The new investment charter which was introduced in July 2016 as part of Law 60-16, and replacing a previous charter implemented in 1995, creates free-trade zones in each of the 12 regions of the country, recognizes indirect exporter status and creates incentives for export-oriented and industrial companies.
It also restructures investment promotion activities under the centralized Moroccan Agency for Investment Development and Export, including Maroc Export https://marocexport.gov.ma/, the Moroccan Investment Development Agency http://www.invest.gov.ma/, falling under the purview of the Ministry of Industry, Trade, Investment and Digital Economy.
A General Directorate for Trade, a General Directorate for Industry and an agency dedicated to developing the digital economy and e-government were also created under the new charter.
FDI (Foreign Direct Investment) in Figures
After a decline during the global recession, FDI (Foreign Direct Investment) flows to Morocco increased in 2014 and 2015, exceeding USD 3 billion. In 2016, however, flows fell by 29% to USD 2.32 billion. The country’s stability should attract more investors. In addition, a vast project of economic modernisation has been launched to boost FDI. Casablanca in particular aims to become an international financial center. Traditionally, France, Saudi Arabia and Spain have been the three main investors. FDI is mainly concentrated in the real estate sector, followed by industry and tourism.
Source: United Nations Conference on Trade and Development (UNCTAD)
Foreign Direct Investment inflows by country and sector
Investment Opportunities in Morocco
Invest in Morocco