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المدير المسؤول ورئيس التحرير: عبد الرحيم الفقير الإدريسي ° Onafhankelijk – Algemeen beleid °Economisch – Cultureel – –Wettelijk depot: 35 – 88 ABDERRAHIM FAKIR IDRISSI –Internationale Code ° 11138998
Investment
In recent years, promoting investment and cleaning up the business environment have been strategic priorities. Today, Morocco’s ability to attract structuring investments is confirmed.
Moroccan direct investments in Africa, worth 37 billion dirhams between 2003 and 2017, are the bulk of outward FDI from Morocco, with an average share of 60% of total outward flows. Morocco is the 2nd investor in Africa. Our ambition is to rise to the rank of the 1st investor in the continent.
Morocco has managed to improve its image as a regional platform in several areas including finance, automotive, agriculture and renewable energy. This position has enabled it to reinforce its investments in the continent. For example, the Office Cherifien des Phosphates (OCP) created in 2016 « OCP Africa » dedicated to the development of the Group’s activities in Africa with its subsidiaries in Nigeria, Angola, Ethiopia, Kenya, Côte d ‘ ivory, Ghana, Tanzania, DRC, Zambia, Zimbabwe, Cameroon, Senegal, Benin, Mozambique.
Thanks to these achievements, Morocco has become a privileged destination for European, Arab, American and Asian investments. Witness the diversity of the countries that invest in Morocco: France with an investment amount of 3.5 billion dollars, China with 2.8 billion investments. The United Arab Emirates 2.7 billion, the United States 1.8 billion, Spain 1.6 billion and Italy 1.5 billion.
The latest ranking « Africa Investment Index 2018 » ranked Morocco as the most attractive destination for investments directed to the Continent. This observation is the result of the efforts made by the Kingdom in terms of enhancing the business climate in general, its geographical position as a crossroads between Europe, Africa and the Middle East, its economic openness and the multiple Free Trade Agreements, which connect it with several countries, giving access to a market, which exceeds one billion consumers.
Morocco has entered into partnerships with international financial institutions with a view to strengthening cooperation in the development of value chains in the Moroccan economic sectors.
Morocco has strengthened its position in the global value chain in certain areas, such as the automotive sector, where significant progress has been made. To this end, our country is trying to strengthen the attraction of large international groups through the implementation of structuring projects relating to an industrial infrastructure enabling Morocco to improve the performance of its economy at continental and international levels.
Large groups have chosen Morocco as a destination for its growth and development opportunities: After Renault in the automobile sector, or even Safran in aeronautics, these include the following major groups: Eaton, Aerolia, Alcoa, Shandong, PSA Peugeot Citröen. These implantations attest to the confidence placed in Morocco by world-renowned groups as a destination and reaffirm the position of the Kingdom as a platform for production and trade.
Morocco attracted a record amount of 33.5 billion dirhams in Foreign Direct Investment (FDI) in 2018, despite an unfavorable international and regional context, that being an increase of 28.6% compared to 2017, in sectors as diverse as the automotive, aeronautical, renewable energy, agri-food, textiles and many others.
