WHY
MOROCCO ?
FEBRUARY 2022
WHY MOROCCO ?
PRO-BUSINESS COMPETITIVE SUSTAINABLE
Business-friendly environment with Advanced infrastructure, high Strong Royal vision with ambitious
political stability, resilient economy qualified human resources and energy transition plan to make
and Government incentives strategic position giving access to Morocco among the greenest and
potential markets worldwide lowest carbon platforms in the world
PRO-BUSINESS
STABILITY WITH ROYAL VISION
A CONTINUING DRIVE FOR OPENNESS AND DEMOCRACY
Release energies and restore confidence to accelerate
the march towards progress and prosperity for all
The New Developement Model launched by His Majesty The King Mohammed VI
• A productive and diversified economy that creates added value
and quality jobs
• Human capital strengthened and better prepared for the future
• Opportunities for all and a consolidated social link
• Resilient territories, anchor points for development
WHY MOROCCO ? FEBRUARY 2022
PRO-BUSINESS
RESILIENT ECONOMY
STRONG MACRO-ECONOMIC FUNDAMENTALS
Ranked
st*
1
Among 141 countries
in terms of inflation rate stability
GDP has tripled in less than 20 years Stable inflation rate maintained under 2% since 2010
(USD Billion) (annual inflation %)
12
x3
113
39 0.7
2000 2020 1980 1985 1990 1995 2000 2005 2010 2015 2020
Source : The World Bank / Global Competitiveness Report WEF 2019 (* Among the countries ranked first)
WHY MOROCCO ? FEBRUARY 2022
PRO-BUSINESS
BUSINESS-FRIENDLY ENVIRONMENT
EASINESS FOR BUSINESS TO GROW
MORE THAN 50 NON DOUBLE TAXATION AND
1
INVESTMENT PROTECTION AGREEMENTS st
competitive country
in North Africa
NO RESTRICTIONS ON CAPITAL
FOR NON-RESIDENTS
2
nd
most attractive investment
destination in Africa
FREE REPATRIATION OF PROFIT AND
CAPITAL FOR NON-RESIDENTS
Source : WEF / RMB
WHY MOROCCO ? FEBRUARY 2022
PRO-BUSINESS
GOVERNMENT INCENTIVES
AN ATTRACTIVE INCENTIVE PACKAGE
GOVERNMENT WORLD-CLASS GOVERNMENT
SUBSIDIES INDUSTRIAL ZONES SUPPORT
• Investment: tailor-made • Land, office space, and industrial • Support from Moroccan Investment &
offer for investors. plants in main zones Export Development Agency (AMDIE):
end-to-end assistance
• Recruitment & Training: financial • Financial support for building and
incentives to cover costs equipment
WHY MOROCCO ? FEBRUARY 2022
COMPETITIVE
STRATEGICALLY LOCATED
TANGIER MED PORT, THE 1ST TRANSSHIPMENT PLATFORM IN THE MEDITERRANEAN AND AFRICA
184 14 km 9M
184 connections 14 km from Europe Treatment capacity for
with 71 countries 9 million of containers per year
Source : UNCTAD, Lloyd’s list 2021
WHY MOROCCO ? FEBRUARY 2022
2 to 10 days
COMPETITIVE
ACCESS TO MARKETS OF OPPORTUNITIES
SEVERAL FTAs GIVING ACCESS TO MORE THAN 50 COUNTRIES AND 1.3 BILLION CONSUMERS
EAFT (European Assoc. for Free Trade)
(Iceland, Liechtenstein, Norway Switzerland) FTA with the European Union
FTA with United Kingdom of Great Britain
and Northern Ireland
(“Association Agreement’)
FTA with Turkey
FTA with the United States of America FTAs with Jordan, Tunisia, Egypt
Agadir Agreement Greater Arab Free Trade Agreement (GAFTA)
(Egypt, Jordan and Tunisia) Saudi Arabia, Bahrain, Egypt, United Arab Emirates, Iraq,
Jordan, Kuwait, Lebanon, Libya, Palestine, Qatar, Sudan,
Sultanate of Oman, Syria, Tunisia, Yemen
FTA with the UAE
African Continental Free Trade Area
(AfCFTA)
WHY MOROCCO ? FEBRUARY 2022
COMPETITIVE
WORLD-CLASS INFRASTRUCTURE
1ST IN NORTH AFRICA IN TERMS OF INFRASTRUCTURE & DIGITAL CONNECTIVITY
1
International bandwidth per
st
internet user (kbit/s)
high speed train
in Africa
1.8O0 km
Tangier-Casablanca of highways
80,7
64,4
19
international airports
1st in Africa in terms of
2020 Global ICT Regulatory Outlook benchmark
health accredited airports across 193 countries worldwide
WHY MOROCCO ? FEBRUARY 2022
COMPETITIVE
DEMOGRAPHICS
DYNAMIC, COMPETITIVE AND QUALIFIED LABOR FORCE
COMPETITIVE LABOR FORCE A POOL OF TALENT
MINIMUM WAGE
($/ month) • A young and competitive workforce
• 39% of the population between
1175 20 and 45 years
784 • Ad hoc training centers jointly
586 developed with investors
491
278 • 152.000 graduates per year
• A growing number of partnerships
with leading international universities
SPAIN PORTUGAL POLAND ROMANIA MOROCCO
Source : Global Wage Report 2021/2020 / World Bank
WHY MOROCCO ? FEBRUARY 2022
COMPETITIVE
AVAILIBILITY OF INDUSTRIAL LAND
TETOUAN SHORE NADOR WEST MED
Modern industrial zones have been especially
designed to host businesses. Several zones are
TANGIER FREE ZONE
TETOUAN dedicated to specific industries, facilitating local
TANGIER
TANGIER AUTOMOTIVE CITY
KENITRA
NADOR BERKANE AGROPOLE
integration.
BERKANE
TANGIER TECH
SALE OUJDA
CASABLANCA FES
MIDPARC
OUJDA SHORE
NOUACEUR TECHNOPOLE
AGADIR OUJDA TECHNOPOLE
CASA NEAR SHORE
FES SHORE
AGADIR
HALIOPOLE CLUSTER FES-MEKNES AGROPOLE
ATLANTIC FREE ZONE
TECHNOPOLIS
WHY MOROCCO ? FEBRUARY 2022
COMPETITIVE
OUR LEADING GLOBAL INDUSTRIES
RICH AND DIVERSIFIED INDUSTRIES
AUTOMOTIVE AERONAUTICS TEXTILE
1 EXPORTING SECTOR
ST
+20% ANNUAL GROWTH AMONG THE TOP INDUSTRIAL EMPLOYERS
60% LOCAL INTEGRATION RATE +140 AERONAUTICAL OPERATORS IN MOROCCO
AND MORE …
• ELECTRONICS
• MECHANICAL AND METALWORKING
INDUSTRIES
• CHEMICAL INDUSTRY
• HEAVY TRUCKS
AGRO-INDUSTRY OUTSOURCING PHARMACEUTICAL • PLASTIC PROCESSING
2100 COMPANIES MOROCCO, A COMPETITIVE OUTSOURCING MOROCCO, AN AFRICAN PHARMACEUTICAL • LEATHER
3.5 BN $ EXPORT TURNOVER PLATFORM LABORATORY
WHY MOROCCO ? FEBRUARY 2022
S U S TA I N A B L E
G R E E N E N E R GY
Morocco’s Renewable Energy Projects Map
Hydro Energy
52% energy mix by 2030
TANGER
KSAR
KSAR SGHIR
EL KEBIR
CHEFCHAOUEN
NADOR
BERKANE
SIDI FES OUZZANE TAOUNATE
SLIMANE MEKNÉS
TAZA
ENJIL AIN
EL HAJEB BENI
LAKHTATBA OUTAT GUERCIF MATHAR
MISSOUR EL HAJ
EL JADIDA SETTAT
Morocco will get 52% of its electricity from
MIDELT
BAJAAD
ERRACHIDIA BUARAFA
renewable energy sources by 2030, thanks
KELÂA KASBA TADLA
AZILLAL BÉNIMELLAL
Wind Energy DES
SRAGHNA ERFOUD
ESSAOUIRA
to an ambitious plan with a strong Royal
MARRAKECH
OUARZAZATE
vision to increase the share of renewable ZAGORA
TAROUDANT
energies in the energy mix
TATA
Solar Energy
TARFAYA
BOUJDOUR
The avant-garde renewable energy plan, position
Morocco as one of the most competitive
low-carbon industries in the World
WHY MOROCCO ? FEBRUARY 2022
Stay connected Open to the World with
2 hours flight to Europe multicultural education
7 hours to North America Major international Schools
7 hours to UAE across the country
A GREAT PLACE TO LIVE
AMONG THE MOST STUNNING COUNTRIES
IN THE WORLD
Art of living and cultural A unique location
heritage Thanks to a rich & diversified
landscape including a serene
A multicultural country, recognized
coastline, the desert, the Atlas
as World Heritage by UNESCO
mountains and more
Agrobusiness Aerospace
Textile Automotive
