Various public sector bodies are facilitating investments into diverse economic sectors that offer enticing opportunities...
Morocco has put in place the "Morocco's Offer" initiative in a bid to improve national competitiveness. Could you explain the underlying objectives of “Morocco's Offer?" The publication of the circular “Morocco Offer" for green hydrogen is part of the implementation of the royal vision. Morocco aims to strategically position itself in this new sector with high potential and this circular contains all the elements to promote the attraction of numerous investments while securing the interests of the Moroccan state. It represents...
How important is the industrial sector to Morocco's development? What are the main industries present in Morocco and could you give us some key figures to illustrate the share of the secondary sector in the Moroccan economy? The industrial sector represents around 15% of our country's GDP and comprises essentially six or seven sectors. The first and most important sector today is the automotive industry, which weighs in at around US$ 13-14 billion in exports. Interestingly, this sector hardly existed...
Morocco has placed renewables as a key focus in its national development plan. How would you summarize the potential of Morocco as a producer and exporter of renewable energy? The share of renewables has reached 42% of installed capacity in 2022. We are on a very good track to be beyond the 2030 target of 52% of our installed capacity. These 15 years of experience we have gained between 2009 and 2024 in developing relatively large scale projects in renewable energy...
"The combination of enhanced support mechanisms, a more favorable business climate and improved governance structures has not only attracted substantial investments but also paved the way for significant job creation for Moroccans. "...
"We have the ambition and the desire to welcome the world, to welcome travelers and to meet our international visitors’ requirements, with the one objective of providing travelers with picturesque and authentic experiences."...
"The African Union has decided that 60% of the medicines and vaccines consumed in Africa, will have to be manufactured in Africa by 2040. Today, only 1% of the continental needs are manufactured in Africa. With this in mind, we are positioning ourselves as one of the leaders in meeting this ambition."...
"The strategic plan "Digital Morocco 2030" aims to further enhance Morocco's digital capabilities, positioning the country as a digital hub in Africa by 2025."...
"There are so many opportunities for growth driven by the macro and micro fundamentals of the country which have been propelled by the World Cup announcement and the infrastructure spending that will go into the World Cup in Morocco."...