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Morocco Receives Record FDI of 13 Bln MAD in Jan-Apr

Morocco received record foreign direct investment (FDI) inflows of 13.1 billion MAD in the first four months of 2024, cementing the Kingdom’s position as a regional hub and preferred investor destination, according to Morocco’s Foreign Exchange Office (Office de Change).

The North African country has received FDI in a variety of sectors, including automotive, aeronautics, real estate, tourism, transportation, energy, mining, renewables, and trade, the same source pointed out.

This success can be attributed to a number of factors, including quality infrastructure, skilled human capital, a favorable business climate, strong local integration, and a high level of competitiveness, Moroccan economist Mohammed Jadri explained.

Free trade agreements are critical in attracting FDI, and the products that arise from these investments benefit from the “Made in Morocco” label, which provides major customs advantages with the European Union, the United States and other nations.