According to the latest figures from the Moroccan Foreign Exchange Office, foreign direct investment achieved a considerable performance, representing a spectacular increase of 48.6 percent, compared to the same period last year.
Economists attribute this impressive growth to a number of key factors, including the quality of infrastructure, the availability of a skilled workforce, and proactive and strategic government policies in favour of an attractive investment climate.
The Moroccan authorities have made considerable efforts to enhance the country’s attractiveness as an investment destination. Among the key measures is the reform of the Investment Charter, which now offers
substantial incentives and subsidies to foreign investors. These subsidies can cover up to 30 percent of the total investment, creating a competitive environment for international companies.
Initiatives to simplify administrative procedures and improve transparency have also played a crucial role. The government places particular emphasis on public-private partnerships and encourages investment in strategic sectors such as renewable energies and the electric mobility industry.
Morocco’s leadership in renewable energies is a key pillar of this growth dynamic. The country has embarked on ambitious wind and solar energy projects, attracting massive investment. The construction of a large-scale battery factory is one of the emblematic projects that symbolise this strategy, promising to strengthen Morocco’s position in global value chains and create thousands of skilled job opportunities.
A competitive advantage on the global market
Products manufactured in Morocco benefit from the “Made in Morocco” label, which confers significant customs advantages with the country’s main trading partners. This recognition facilitates access to international markets, offering an additional attraction for foreign investors.
In addition, current global economic conditions, including lower inflation and more affordable investment costs, have created a favourable environment for FDI. These factors combined have contributed significantly to Morocco’s recent economic performance.
The current trend suggests a growing attractiveness of Morocco as an investment destination, supported by a well-defined national strategy and substantial economic reforms. The country continues to consolidate its achievements and to promote inclusive and sustainable growth.
The Moroccan authorities remain resolutely committed to pursuing this positive dynamic. The Minister of Industry and Trade, Ahmed Reda Chami, said at a recent conference: “Our objective is to strengthen Morocco’s position as a regional hub for foreign investment. We are doing our utmost to create an environment conducive to innovation, competitiveness and sustainable development.”
MN/te/fss/as/APA