FDIs to Morocco note near 54% increase this February

FDIs to Morocco note near 54% increase this February
Sunday 2 April 2023 - 14:35

Net foreign direct investment (FDI) flows in Morocco increased by 53.6% at the end of last February, reaching about MAD 3.37 billion, according to figures issued by the Office of Changes.

The office stated in its bulletin on “Monthly Indicators of Foreign Trade for the month of February 2023,” that foreign direct investment revenues and returns in the Kingdom increased by 19.8% to approximately MAD 5.03 billion, while expenditures decreased by 17.2%.

On the other hand, Moroccan direct investments abroad witnessed, during the first two months of this year (January and February), a “slight and slight decline”, amounting to 2 percent compared to the same period in 2022, to record a total of 3.24 billion dirhams.

At the same time, disposals and transfers of these investments amounted to MAD 2.19 billion, a decrease of 11.6%, which caused an increase in the net flow of Moroccan direct investments abroad by 26.8%.

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