An improved improved foreign investment dynamism in Morocco during the first two months of the current year, with a clear flow of 6.12 billion dirhams, 40.6% more compared to the past year, which was evaluated by economic analysts, which considered it “the fruit of the path of institutional and financial reforms”.
The latest number of exchange offices, in its recent publication on external exchanges indicators until the end of last February, indicated that this result is the growing fruit of these investments from 27.9% to 8.96 billion dirhams, while direct foreign investment expenses developed with 7.1% to 2.83 billion dirhams.
On the other hand, the official data, which Hespress read, recorded the “net flow” of Moroccan direct investment abroad, of 108 million dirhams to reach a minus 120 million dirhams, against less than 12 million dirhams, the date of February 2024. 6.2% to 2.89 billion dirhams.
Probable circumstances
The economist Idris Al -issawi said: “It is necessary to underline the fact that the Moroccan economy has been able to prepare the optimal conditions to provide a separate size of foreign direct investments in accordance with the pace, which in turn adapts to the current movement, which Morocco has launched in many areas of investment.”
Influence a clear flow in a continuous increase in months and seasons during the last direct investments in foreign direct investment, Al -isawi, in a press release to the Hespress electronic newspaper, said that “in itself an important indication, in particular since the income and expenses of these investments recorded in high rates until the end of February.”
This development “refers to us to the question of interest in reality and the conditions of direct Moroccan investments abroad, which decreased by 108 million dirhams to reach less than 120 million dirhams, against less than 12 million dirhams a year ago,” explains The Economist himself.
He concluded that “investments in Morocco are continuous movements that are able to move the Moroccan economy according to a strong dynamic dictating the main projects observed by the economy of the kingdom”.
Promising horizons
Abdel -Razzaq Al -Hiri, professor of economic sciences at FEZ University, estimates that “the increase in foreign investments in Morocco is linked to at least two factors: the first factor is the improvement of the economic gravity of Morocco, following reforms that have experienced the climate of business and institutional reforms launched several years ago.”
Al -Hiri, in a declaration in Hespress, has prepared the most important of these reforms that have started to deal with the new investment charter, which plays a big role in improving the investment sector, with financial fields and the financial sector by launching the market for future market on the Moroccan financial market.
As for the second factor, the same academic continues, embodied by “the promising future prospects for the national economy, especially since Morocco is currently working to qualify its infrastructure to organize major sports events, which attracts more investors and opens their appetite”, as well as “the development of world ports, such as the port of Nador and the Atlantic port, which will improve the economic weight and the destination of Nador.
Factors and recommendations
Regarding the decrease in Moroccan investments abroad, Al -Hiri explained that this “is due to the postponement of investment operations and the instability of economic circumstances in certain countries”, adding a third worker linked to the fact that “certain Moroccan companies are confronted with difficulties in engaging in chains of regional and international production”.
“Investment trends can only be judged after several months”, the director of the economic analysis laboratory and expectations at the University of Fez, noting that “Morocco must continue institutional reforms in late fields such as administration reform and accelerate the digital transition to attract more foreign investments and locate them in a fool.”
He concluded with the recommendations that “encouraging Moroccan companies to invest abroad requires improving their management and efficiency to adapt to global investment markets, while diversifying their areas of investment”.
This also requires “the need to support contractual Moroccan investments abroad by exploring new areas of investment” and “identifying countries that can be invested as an important axis in a strategy to support them mainly by qualifying the management field for Moroccan contracts”.
The same spokesman underlined the centrality of “economic diplomacy through the kingdom’s embassies in the countries of the world, which plays a major role in supporting foreign investments”, calling for the production of contracts to “the promising sectors of Moroccan leaders in a certain number of economic activities such as construction, food industries, weaving and clothing, as well as the automotive industries and part of the automotive industry and mechanical industries “of the auto-industry industry.
