Morocco came in as the number two country on the African continent for foreign investment attractiveness with a score of 1,450, according to the AT Kearney Global Foreign Direct Investment Confidence Index 2023.
Overall among the report’s Emerging Markets classification, it ranked 16th among the top 20. Egypt (1,463) outshined all African competition.
As for the Arab countries, UAE (1,720), Qatar (1,686), and Saudi Arabia (1,660) are the top three destinations for investment.
Morocco’s stature in this report highlights its considerable potential as a destination for continued foreign investment, despite the risks brought on by inflation and geopolitical tensions.
The three main criteria which investors utilize in devising the Index are: Transparency of Government Regulations; Technological and Innovation Capabilities; and Tax Rates /Ease of Tax Payments.
The Index also designated the U.S., Canada, and Japan as the top three potential performers in the category of Advanced Economies.