2023-11-18 18:00:04
Morocco, due to its key geostrategic position at the crossroads of North Africa and West Africa, is a central actor in continental dynamics and represents a gateway for Africa, affirmed, Wednesday in Tangier, economic players, on the occasion of the “MEDays Investment Summit”.
These economic actors, participating in a session under the theme “Morocco, gateway to Africa”, underlined that the vision of economic development and the strategic orientation towards Africa, driven by His Majesty King Mohammed VI, reveal Morocco’s emerging position as a hub of regional cooperation and integration in Africa.
Speaking on this occasion, the Director General of the Moroccan Agency for Investment and Export Development, Adil Seddiki, affirmed that Morocco has been completely transformed, in the space of nearly 20 years, thanks to achievements, fruit of the far-sighted vision of His Majesty King Mohammed VI, which established a solid foundation for economic emergence, reports MAP.
In this sense, he highlighted the political and economic stability enjoyed by the Kingdom and which provides visibility to national and international investors.
He underlined, in this sense, that Morocco is committed to the establishment of an infrastructure with the best world standards, allowing it to have the first airport network in Africa, the first high-speed line on the continent, and to have one of the most developed highway networks in Africa, in addition to an open economy with free trade agreements signed with 50 countries, with a market of two and a half billion consumers.
The General Director of Mazars Maroc, Abdou Diop, for his part, noted that the status of gateway or gateway “is not decreed, but is built through strategies and a vision, and that is what Morocco has done brilliantly, by building port, air and land connectivity, and also electrical connectivity with a view to gas connectivity.”
“Developing economic connectivity means developing financial and industrial connectivity, which makes Morocco the most suitable platform for developing business on the African continent,” he assured.
The Managing Director of the Renault Maroc group, Mohamed Bachir, for his part, indicated that Morocco has implemented a large number of structuring projects intended to facilitate the reception of foreign investors in Morocco, whether in terms of infrastructure , ports, railways, highways and free zones, which allowed the Renault Group to make 3.2% of Morocco’s GDP and produce 350,000 cars in 2022, exported to 70 countries.
“The automobile industry, Morocco’s leading exporter, will have to achieve 130 billion dirhams this year in terms of exports, or 29% of Morocco’s total exports,” he underlined.
The 15th edition of the MEDays International Forum, organized under the High Patronage of HM the King, brings together more than 200 very high-level speakers, including heads of state and government, political decision-makers, heads of large international companies and leading international personalities, around more than 5,000 participants from more than a hundred countries.
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