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Morocco : over 170 investment agreements between 2021 and 2024

Morocco’s Minister of Industry presented the outcomes of the country’s economic liberalization strategy, positioning it as a prime investment destination. At the 13th edition of the 2024 Annual Investment Meeting in Abu Dhabi, Minister Mezzour highlighted Morocco’s free trade agreements with over 100 countries, including the USA, and its achievement of over 170 investment agreements between 2021 and 2024, totaling around $21 billion. This is expected to generate over 115,000 jobs. Morocco has also seen significant growth in its production capacity, with 85% of exports comprising manufactured goods, particularly in the automotive sector, which produces 700,000 vehicles annually and aims for one million units by 2025.

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