The net flow of foreign direct investment (FDI) in Morocco has remained almost stable over the past year, standing at 16.7 billion dirhams, against 16.5 billion dirhams in 2019, said the Exchange Office.
Equity securities, which increased by 14% to 11.4 billion dirhams, constitute the main component of net FDI flows in Morocco with a share of 68.2%, said the Office in its 2020 annual report on the balance of payments of Morocco.
Reinvested profits, on the other hand, fell by 13.7% and represent 15.7% of the total net flow of FDI in Morocco, added the same source.
The report showed that FDI receipts in Morocco decreased by 20.2% to 27.5 billion dirhams and expenditure by 39.9% to 10.8 billion dirhams.
Among the sectors that benefited the most from FDI in 2020 were manufacturing industries (32.5% of total FDI), real estate activities (26.9%) and financial and insurance activities (14.9% ). The share of these three sectors in total FDI stabilized at 74.4% in 2020.
Regarding the distribution by country, France is the leading investor in Morocco for the past year with a net flow of +6 billion dirhams or 36% of total FDI. The net flow received from this country in 2019 was 3.7 billion dirhams.
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