New guide showcases Morocco's investment opportunities

      The "Morocco: Emerging Economy of the Mediterranean" offers putative investors precise, in-depth analyses on the legislative framework and the measures introduced by the Moroccan authorities to encourage investments, as well as on the fiscal regime, the labour code, the laws regulating financial services, economic governance and the law on privatisation.

    The 318-page document presents the development programmes drawn up by the government up until 2015 and the Moroccan regions' economic potential.

    It also gives details on the kingdom's key sectors, particularly emerging industries, phosphates, agro-food industry, small and medium-sized businesses, infrastructure development projects and tourism.

    Morocco's ambassador to the UK, Chrifa Lalla Joumala Alaoui, said on this occasion that this well-documented guide will contribute to better knowing Morocco.

    She underlined that Morocco has, since its independence in 1956, adopted a liberal economy and a political, social and economic reform policy since the 1980s. since 1993, it has also embarked on a privatisation process to consolidate the private sector, she said.

    The diplomat said the pace of reforms has been accelerated under king Mohammed VI, with the country launching a wide-ranging development programme.

    She also stressed the various advantages the kingdom offers in the field of investments, adding that the country’s forecast growth rate of 5.5% is a positive indicator amidst the current global economic and financial context.