Morocco was ranked 16th in the top 25 list of emerging markets attractive to foreign direct investment (FDI) in a ranking that assesses investors needs such as ease of regulatory and tax policies.
The Kingdom came in 6th in the MENA region, with the UAE in the 3rd spot, followed by Qatar at the 4th, Saudi Arabia at 6th Egypt at 14th and Turkey in the 15th spot in the Kearney ranking.
Morocco lead the way for African countries at the first spot, followed by South Africa, and Ghana.
31% of the investors said they are optimistic about the outlook for foreign investment in Morocco, while 17% said they weren’t.
This is the first time the 25-year-old index has created an exclusive ranking for emerging markets, identifying which are the most attractive to investors.
Morocco has emerged as a prime destination for Foreign Direct Investment (FDI), thanks to its impressive efforts to attract foreign businesses.
In recent years, the Moroccan government has implemented a series of reforms and initiatives aimed at creating a more conducive business environment, with the ultimate goal of positioning the country as an attractive hub for FDI.
These efforts have paid off, as Morocco has witnessed a steady increase in FDI inflows in recent times, signaling its growing appeal to foreign investors.
In the first two months of February, net foreign direct investment (FDI) flows in Morocco increased by 53.6%, reaching about MAD 3.37 billion, according to figures issued by the Office of Changes.
Foreign direct investment revenues and returns in the Kingdom increased by 19.8% to approximately MAD 5.03 billion in. the same period.
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