What are some of the benefits of investing in a greenfield manufacturing facility in Morocco?
What are some of the benefits of investing in a greenfield manufacturing facility in Morocco?
Estimated to be the second largest on the African continent after South Africa, Morocco’s pharmaceuticals sector is highly developed relative to many of its African neighbours. Currently, there are 32 pharmaceuticals plants present in the country, producing 293m units of drugs in 2011.
Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
In an effort to enable female workers to play a greater role in the economy, the Saudi Industrial Property Authority (MODON) announced in mid-2012 that it had begun to plan an industrial city that would make special provisions for women. Situated at Al Ahsa, near the eastern city of Hofuf, the industrial city will be near enough...
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