Morocco 🇲🇦
North Africa’s Gateway to Growth
Morocco’s strategic location, coupled with its stable economy, makes it an attractive destination for international business. The country recorded an FDI influx of $2.1 billion in 2023, with key industries being automotive, aerospace, and renewable energy. Morocco’s industrial acceleration plan has been a key driver of growth, targeting sectors like automotive and aerospace, which have seen an average annual growth rate of 8%. Aizen Consulting assists clients in navigating the regulatory environment, offering business registration, localization, and talent acquisition services. With Morocco’s vision to become a regional leader in clean energy, we provide support for businesses in renewable energy projects, infrastructure development, and export-oriented industries. Our local expertise ensures your business can effectively integrate into the Moroccan economy, leveraging opportunities for growth and regional influence.
- Economic Policies & Trends: The Moroccan government has invested $4 billion in renewable energy projects, aiming to have 52% of its energy needs met by renewables by 2030. The creation of free trade zones, such as Tanger Med, offers additional incentives for manufacturers and exporters looking to capitalize on Morocco’s proximity to Europe.
- Added Value for Businesses: Morocco’s young population, with 44% under the age of 25, presents a dynamic labor market that is adaptable and ready for skills development. The strategic trade agreements with both African and European countries further make Morocco an ideal base for regional expansion.