Business Climate

The Kingdom of Morocco has steadfastly championed political pluralism and economic liberalism since gaining independence, placing significant emphasis on ownership rights and the freedom of enterprise as fundamental constitutional guarantees.
Starting in the early 1980s, Morocco embarked on economic and financial openness policies aimed at liberalizing foreign trade, integrating more deeply into the global economy, and bolstering the multilateral trading system.
Moreover, Morocco has streamlined foreign trade procedures, reduced tariffs, eliminated non-tariff barriers, improved the business and investment environment, diversified economic and trade relations, and contributed to the stability of the multilateral trading system.

As part of its efforts to promote foreign investment, Morocco has established a robust legal framework conducive to enhancing trade with potential partners. Over the past decade, the Kingdom has concluded several free trade agreements bilaterally and regionally, including with the European Union, the United States, Arab countries, and African nations through the Continental Free Trade Zone (ACFTA). These agreements grant duty-free access to a market of 2.5 billion customers, facilitating expanded trade opportunities. 



These endeavors have resulted in a consistent rise in foreign direct investment (FDI), positioning Morocco as the third most attractive destination for FDI in Africa, representing over 10% of total flows to the continent.
Currently, Morocco's stability and long-term sectoral strategies have propelled the nation into a regional commercial hub and a pivotal gateway to Africa, Europe, and the Middle East. Facilitated by direct shipping routes linking Morocco and the United States, the country serves as a transshipment point and hub for these three continents.
Benefiting from a favorable business environment, US companies are particularly drawn to investing in sectors such as energy (including renewables and green hydrogen), tourism, aeronautics, automotive, manufacturing, infrastructure, agrobusiness, IT, and offshoring.
Situated at the crossroads of the main international exchange routes, Morocco holds the distinction of being the closest African country to the US and Europe. Today, Morocco stands as an island of stability in the region, characterized by political, social, and macroeconomic stability. This stability fosters essential long-term confidence and visibility for investors.
Morocco has emerged as a regional exporting hub, largely attributable to its strategic Tangier-Med Port. Ranked as the foremost transshipment platform in Africa, the port connects the country to 186 ports worldwide, boasting a handling capacity of over 9 million TEUs (twenty-foot equivalent units).
The aerospace sector has attracted U.S. investment, mainly concentrated in the Casablanca Midparc industrial zone. Agro-industrial companies have also made significant investments in the country. Oil and gas companies hold exploration concessions in Morocco, while other energy companies are exploring new opportunities in renewables and liquefied natural gas (LNG).

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