Washington Times
By Marios Tsokkos and the Mercury Global Reports team
ANALYSIS/OPINION:
The kingdom of Morocco offers numerous advantages to foreign investors and companies eyeing expansion in Africa, the Middle East as well as Europe. Political stability, robust infrastructure, and an unbeatable strategic location have contributed to its emergence as a regional manufacturing and export hub for international companies.
“Thanks to our extensive network of Free Trade Agreements (FTAs), Morocco can provide manufacturers access to 1.3 billion consumers in 56 countries” highlighted Mr Hicham Boudraa, Acting CEO of the Moroccan Investment and Export Development Agency (AMDIE). “The Tanger Med Industrial Platform which ranks the 2nd Special Economic Zone in the world, 19 international airports, the first fast railway train in Africa launched in 2018, and its several highly-specialized and fully-equipped industrial zones across the country, are giving us a competitive edge against other countries in attracting foreign investment” he explained.
The country’s return to the African Union in 2017 and its participation to the establishment of the new African Free Trade Zone (AfFTZ) in 2019 are two major events that allowed the kingdom of Morocco to further strengthen its leadership position in the continent.
