Morocco: A model of success in economic liberalization and international investments

Morocco: A model of success in economic liberalization and international investments
Morocco: A model of success in economic liberalization and international investments

Morocco, thanks to a proactive economic liberalization strategy, has established itself as a key destination for international investments. This progress was widely welcomed at the recent AIM Congress in Abu Dhabi, where Ryad Mezzour, Minister of Industry and Commerce, highlighted the Kingdom’s successes.

Morocco has adopted an ambitious economic liberalization strategy, including the signing of free trade agreements with more than 100 countries, thus providing preferential access to a global market of more than 2.3 billion consumers. Unique in Africa, Morocco also benefits from a free trade agreement with the United States, strengthening trade ties with one of the world’s largest economies and opening opportunities for Moroccan exporters and American investors. These agreements position Morocco as a bridge between Africa and the rest of the world, promoting both trade and foreign direct investment.

Between 2021 and 2024, Morocco signed 170 investment agreements totaling around $21 billion, covering various sectors such as automobiles, aeronautics, and renewable energies. These investments have generated more than 115,000 jobs, reducing the unemployment rate and improving living standards. The automotive sector has particularly prospered, with annual production of 700,000 vehicles, and a target of one million units by 2025. This growth is accompanied by a significant increase in manufacturing exports, which now represent 85% of total exports of the country.

At the AIM Congress in Abu Dhabi, Ryad Mezzour presented Morocco’s successes and discussed global economic challenges. Bilateral and multilateral meetings were held, including with Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the UAE, to discuss mutual investment opportunities and ways to strengthen trade relations between the two countries. These exchanges highlight Morocco’s role as a strategic partner in regional and global economic initiatives.

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