Morocco’s security stability has become a central driver of economic growth and foreign investment, according to a new report from the Center for Economic and Social Foresight.
The study, titled “Security and Development: How Security Enhances Stability and Growth,” said Morocco’s security institutions and comprehensive approach to tackling threats have created a safe environment that supports the country’s development model.
That stability, the report said, has not only strengthened Morocco’s reputation as a reliable investment destination in North Africa but also lowered risk premiums, reducing financing costs for businesses and attracting more investors.
Foreign direct investment rose from 26.3 billion dirhams ($2.6 billion) in 2023 to 43.2 billion dirhams ($4.3 billion) in 2024, according to the report. The growth highlights how stability reduces risks and boosts Morocco’s competitiveness compared with many of its neighbors, which continue to struggle with political turmoil and fragile institutions.
The report said Morocco’s secure environment has allowed it to diversify investment beyond traditional sectors into industries such as automotive, aviation, renewable energy and logistics. It also noted the kingdom’s emergence as a regional hub for production and exports to Europe, Africa and beyond.
Tourism has also benefited. Morocco welcomed about 17.4 million visitors in 2024, generating record revenues of more than 119 billion dirhams ($11.9 billion).
In addition, Morocco ranked among the top 25 countries in the World Bank’s 2023 Logistics Performance Index, thanks in part to infrastructure improvements that have reduced transport costs, sped up trade and strengthened export competitiveness.
“The figures clearly show how security has become an economic asset that creates added value,” the report said.
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