Morocco’s industrial export surge signals FDI confidence, minister

Morocco’s industrial export surge signals FDI confidence, minister
Thursday 12 June 2025 - 13:13

Morocco’s growing industrial strength is being driven by its diversified production sectors, said Industry and Trade Minister Ryad Mezzour at a national colloquium on investment and employment.

Key industries such as automotive, agri-food, pharmaceuticals, and aeronautics are showing high potential, while new sectors like green hydrogen and electric vehicle batteries position Morocco as a strategic EU partner.

Foreign direct investment (FDI) in Moroccan industry has tripled over the past decade, reaching MAD 16.5 billion in 2024. Industrial exports have also surged to MAD 398 billion, representing 88% of national exports.

According to Bank Al-Maghrib, Morocco allocates 30% of its GDP to investment, well above the global average, demonstrating long-term economic ambition. Officials from the Ministry of Finance and the World Bank highlighted Morocco’s political stability, competitive advantages, and macroeconomic resilience as key factors in its rising international appeal.

The event emphasized the need for integrated territorial governance to sustain inclusive growth and job creation.

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