Trade & Investment
Number 1: An emerging country
Morocco has a diversified and dynamic economy with one of the fastest growth rates in the Arab world. The Moroccan economy has diversified its economy over the past two decades into numerous high-growth sectors such as automobiles, telecommunications, aeronautics, electronics, and services outsourcing. This is in addition to an aggressive campaign of modernization and/or privatization of traditional economic sectors such as banking, tourism, utilities and agriculture.
Number 2: The economic capital of the Maghreb
Casablanca is an industrial, cultural and economic center and the economic hub of the Maghreb region, which also includes Mauritania, Algeria, Libya and Tunisia. The Maghreb is an important emerging market with over 80 million people.
Links: Casablanca Chamber of Commerce
Number 3: An important access point to three key markets
With the construction of the new shipping port in Tangiers at the meeting point of the Atlantic and the Mediterranean, Morocco is becoming an important shipping platform linking Europe, Africa and the Middle East. This comes in addition to the Free Zones near the port which are transforming the North of the country into a world-class industrial center.
Links: Tangiers Free Zone, Ministry of Foreign Trade
Number 4: An educated workforce
Morocco's workforce is well educated thanks to Morocco's educational system, one of the best in the Arab world. The vast majority of Morocco's workforce is bilingual and even trilingual, commonly speaking English, Spanish and/or German in addition to Arabic and French.
Number 5: Great infrastructure
Morocco has modern world-class infrastructure. Its international airports welcome millions of domestic and international passengers a year. Its highway system links all of its major cities. The already excellent train system is set to debut a high-speed train linking Tangiers to Agadir, via major cities, in 2013. Telecommunications in Morocco are at the forefront of technology with widespread broadband internet, satellite coverage and 3G mobile access available in most major cities. Finally, Morocco's impressive health care system was ranked 29th this year, just ahead of Canada, by the World Health Organization.
Links: Trains, Airports, Ports, Information Technologies and Telecommunications, Maroc Telecom, Meditel
Number 6: Institutional support and attractive legal framework
The Moroccan government has pursued an aggressive program of industrial privatization, improving Moroccan companies' competitiveness on a world scale and improving the investment climate for foreign and domestic investors alike. The modernization of legislative articles regarding intellectual property, labor and investment have greatly facilitated the creation of business. Administrative and bureasucratic procedures have also been streamlined, especially thanks to the implementation of Regional Investment Centers, one-stop shops for investors looking to do business in Morocco. Morocco has also signed free trade agreements with the United States, the European Union, Turkey and a number of Arab nations.
Links: Investment information [Maroc.ma]
Number 7: Political stability
Thanks to its political regime founded on Constitutional Monarchy and multiparty system, which allow its citizens to have a say in public affairs through their participation to regular, fair and transparent legislative and local elections, Morocco is enjoying a strong political stability with a democratic process that continue to be improved in a context of liberalism, tolerance and protection of human rights.
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