Morocco will be the “future Silicon Valley”, according to Spanish media

Morocco will be the “future Silicon Valley”, according to Spanish media
Morocco will be the “future Silicon Valley”, according to Spanish media

“With growing investments in the startup sector, a young and qualified workforce and support for innovation, Morocco is positioning itself as the future Silicon Valley,” writes the publication, under the title “Morocco, new Silicon Valley.

Focusing on the factors behind this technological dynamic and the opportunities Morocco offers to entrepreneurs, the Spanish media affirms that the Kingdom has a growing startup ecosystem.

The magazine highlights, in this regard, the successful examples of innovative Moroccan startups and their impact on the national economy, while emphasizing the quality of the national education system “which produces talents and skills necessary for the digital economy “.

Morocco, continues the same source, has also introduced a series of reforms with the aim of creating an environment favorable to investment, particularly foreign investment, and thus strengthening its technological ecosystem.

In this regard, the magazine cites the tax advantages offered to technology companies as well as the availability of technological infrastructure such as Internet connectivity and data centers.

To consolidate this growth and build a sustainable technological future, Morocco must address a number of challenges, including access to financing and the strengthening of advanced skills, as well as the exploration of opportunities generated by artificial intelligence, precision agriculture and renewable energies, notes the publication.

Morocco

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