Morocco – A Strategic Global Hub

Global Hub

Morocco - A Strategic Global Hub

Morocco stands at the nexus of global trade, strategically located at the intersection of Europe, Asia, America, and the Middle East. With 12 diverse regions contributing to a dynamic economic landscape, Morocco offers a compelling destination for various economic activities.

Boasting a population of over 37 million, a GDP of $134.18 billion, and a growth rate of 1.08% (2022), Morocco is a significant player in the international economic arena.
Nestled on the northwest corner of Africa, Morocco's strategic positioning provides proximity to major markets and shipping routes, establishing it as a key player in regional and international trade.
Morocco is the first financial center in Africa according to the Global Financial Centers Index (GFCI) and the first African country recognized for its attractiveness in renewable energy according to the Renewable Energy Country Attractiveness Index (RECAI).

Investment Hub

Strategic Foreign Investment Hub

Morocco’s economy thrives with high levels of globalization, driven by a robust Foreign Direct Investment (FDI) sector that fuels substantial exports across diverse industries. Positioned strategically as an FDI hub, Morocco offers a dynamic, cost-efficient, and timely environment for businesses seeking international investment opportunities.

Morocco boasts a stable political environment, positioning itself as a cornerstone for business continuity and long-term planning. With free trade agreements (FTAs) and bilateral trade deals with 62 countries, the nation actively engages a consumer market of 1 billion people, underscoring its commitment to global trade and economic collaboration.

Global Hub

Morocco is Open to Trade and Investors

Morocco actively welcomes investors with a commitment to openness and favorable conditions. The country’s high-end integrated industrial platforms, specifically designed for businesses, feature dedicated zones for various industries, promoting local integration.

Recognized as the most attractive country in Africa, Morocco’s appeal to investors is underlined by its prioritization of investor protection through agreements against double taxation and dedicated measures for safeguarding Foreign Direct Investment (FDI).

The investment landscape is characterized by a lack of restrictions and a convertibility regime for FDI operations, ensuring the free transfer of income, liquidation proceeds, or disposal. The presence of numerous bilateral investment treaties (BITs) and bilateral double taxation treaties (DTTs) further solidifies Morocco’s commitment to fostering a conducive environment for international investors.

Human Resources

Qualified Human Resources

Morocco’s dynamic workforce, with a youthful population and linguistic versatility, receives strong educational support in fields like engineering and finance. Partnerships with international universities enhance skill development, yielding 152,000 graduates annually. The nation strategically focuses on developing a talent reservoir, particularly in the service sector, which employs 44% of the workforce. This emphasis underscores Morocco’s commitment to maintaining a skilled workforce for sustained growth, positioning it as a key player in the global economic landscape.

Infrastructure

Infrastructure quality

Africa's 2nd Best Regional Airport in 2023

In 2023, Marrakech-Menara Airport achieved the second-best regional airport in Africa, surpassing Kigali and trailing behind Durban-King Shaka Airport.

Morocco: A Decade to World-Class Infrastructure

After a decade of strategic projects, Morocco boasts infrastructure meeting international standards, including modern transportation and advanced industrial zones.

North Morocco: Prime FDIs and Growth Hub

North Morocco is Africa’s leading destination for FDIs, boasting over 2500 hectares of free zones that host more than 1200 companies and generated over $13 billion in exports in 2023.

Casablanca's Mohammed VI Airport: Skytrax's 5th Most Improved in 2022

In 2022, Morocco’s airports gained global recognition, with Mohammed VI International Airport in Casablanca securing the fifth position for the most improved airport by Skytrax.

Top 5 in Renewable Energy and Africa's First High-Speed Rail

Morocco is a top five African country in renewable energy, with 3,727 MW capacity. It has a 2,109 km railway network, including Africa’s first high-speed railway connecting Tangier to Casablanca since 2019, with plans to extend to Marrakech.

Tanger Med Leads: Africa's Top Port and Global Contender

Leading the way, Tanger Med Port is 1st in maritime connectivity in Africa and 19th globally. Other major key ports include Nador, Casablanca, Agadir, Dakhla, Laayoune, Tan Tan, Kenitra, Jorf Lasfar, and Safi.