Why invest in Morocco?

A business environment encouraging business development: -

• This is Africa's most advanced and developed market.
• Morocco's competitive cost and worldwide infrastructure has earned a reputation of the best price.
• Labor force is young, active and capable. Approximate half-working population, 1.2 lakhs of population, is active and only mid-year is 29.
• Morocco speaks Arabic, French, English and Spanish. This is a great benefit for foreign investors.
• Morocco receives a leading-edge special training program that provides access to high qualified employees.
• Currently, Morocco ranked 68th among 190 economics is the ease of doing business ranking
• Canada and Morocco are well-established and have well maintained business relationships.

Strategic geographical positioning

• Morocco has signed the US, European Union, Arab League and Turkey based on easy access to 1.3 billion consumers, many free trade and association agreements, providing continuous sources of remarkable opportunities. Actually, there is a deal with conversations with Canada and other West African nations.
• The state's regional investment has made it an open door in all Sahara Africa.

A flourishing economy:

• In 2016, Morocco was the tenth largest economy in the Middle East and North Africa.
• Its gross domestic product shows a steady growth of $ 104 billion in 2016 to $ 104 billion in 2004.
• Inflation is under control. Between 2007 and 2016, the average inflation was 1.6%, 2.9 percent in China, Tunisia 4.2%, and Turkey% 8.1%.
• Domestic consumption is in progress, with 5% annual growth between 2010 and 2015, when it reached US $ 59 billion
• Investments have been shown here as determining the determination of sustainable, continuous growth. From that perspective, the government has run a business liberalization plan by reducing the processes by reducing new laws to improve investment terms by providing private operators with good security.
• Especially, the political condition is constant.

What sectors are best to invest in Morocco?

Morocco specializes in some specially anticipated investment areas especially in the industry. Note those listed below: Note:

• Aerospace: Aerostructure, Aeronautical Equipment, Cables, Milling, Sheet Metal Work, Surface Treatment, Engineering, Maintenance & Repair Foreign companies have already been established: Bimmare, Stella Aerospace (Airbus Affiliate), Hexcel Corporation.
• Production and export of automobiles equipment.
• Agrobusiness, which represents 30% of the country's total industrial production
• Textile industry.
• Chemical and petrochemical
• BPO

The industrial acceleration plan established by the government in the 2014 development of these various fields of business has a constant effect. The purpose of the plan was to breathe new energy into industrial energy and therefore its position was strengthened as a major driver of their development.