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Morocco, gateway for Portuguese operators in Africa

Portugal’s Secretary of State for the Economy, João Rui Ferreira, highlighted, Thursday in Rabat, Morocco’s role as a gateway for Portuguese operators in Africa.

“Morocco offers the possibility of integrating either the African Union or the French-speaking world,” said Mr. Ferreira during the opening of a Morocco-Portugal economic meeting, under the theme “Portugal-Morocco: Building the “future in partnership”, specifying that Morocco’s strategic position also makes it possible to explore complementary opportunities in value chains linked to energy, logistics and skills development.

He also expressed his country’s desire to strengthen its collaboration with Morocco, through a dynamic partnership between Portuguese and Moroccan companies and the acceleration of the realization of joint projects.

For his part, the Minister of Industry and Commerce, Ryad Mezzour, spoke of the organization of the 2030 World Cup in Morocco, Portugal and Spain, stressing that it constitutes an opportunity to strengthen links, improve communication and promote integration in the economic, energy and logistics sectors.

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In this wake, Mr. Mezzour noted that Morocco, in full transformation and emergence in several industrial sectors, stands out for its growing competitiveness, comparable, or even superior, on an international scale, and that there is a real opportunity to develop common production capacities.

And to note the strong enthusiasm of Portuguese companies to invest in Morocco, sharing a common conviction of strengthening bilateral relations within the framework of the ongoing global transformation.

On the sidelines of this meeting, Mr. Mezzour and Mr. Ferreira discussed the areas of development of the economic partnership between the two countries, highlighting the opportunities to increase the integration rate and encourage bilateral investments. Initiated by the Agency for Investment and Foreign Trade of Portugal (AICEP), in partnership with the General Confederation of Moroccan Enterprises (CGEM) and the Portuguese Confederation of Enterprises (CIP), this day of exchange offered a panel on investment and partnership opportunities in the infrastructure and construction, mobility, transport and telecommunications sectors, as well as B2B meeting sessions.

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