Agriculture is the most important economic sector by contribution to GDP for both Morocco as a whole and for the Fez-Meknes region, where farming represents half of economic activity by value. The region boasts a variety of agricultural resources, including a large head of livestock, a diverse crop base and 1.34m ha of arable land, 14% of...
The Fez-Meknes region is home to more than 40 historic sites – including three UNESCO World Heritage sites – and tourism is an important driver of growth.
With a dynamic local building materials segment bolstered by various upcoming projects, Morocco has the potential to develop a thriving construction sector. According to the Ministry of National Planning, Urban Planning, Housing and Urban Policy, the construction sector accounts for 6.3% of GDP. Sector growth is principally influenced by...
From 206 BCE to 220 AD, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the moniker given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...
In the 2008-15 period the real estate sector received the largest share of foreign direct investment (FDI), with 25.4% of total inflows in Morocco. Of these, about 40% came from countries in the Gulf. Foreign investment in real estate projects continued, with a number of announcements made in 2018. For example, in May 2018 Kuwait-based Alargan...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in the globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×