TAG: Morocco
Morocco has had success in its recent efforts to build up export-oriented manufacturing projects, which should take over from more traditional industries in driving growth, as well as provide higher-quality employment over the longer term. If the kingdom can continue to attract major investment in high-growth-potential industries such as automobiles, aeronautics, agri-business and offshoring, while also developing well-integrated business ecosystems in these areas, it could achieve the sort of growth rates seen in other emerging markets
About a month ago the World Bank published a 300-page report on Morocco’s economy that both applauded its resilience and recognised its leading position in the region, while also inviting the government to seriously consider substantial reforms to boost investment.