Morocco set to improve its business climate to attract more investments

Morocco is taking concrete steps to facilitate domestic and foreign investment with the adoption by the Council of Ministers, convened Wednesday in Rabat under the chairmanship of King Mohammed VI, of a new investment charter that offers a competitive framework to bolster the country’s attractiveness.

“The new project aims to improve the returns of investments, especially by creating stable job opportunities,” said a statement by the spokesman for the Royal Palace, Abdelhak Lamrini.

The new charter also aims at reducing territorial disparities as far as investments are concerned. It is also designed to prepare the ground for investments in highly productive sectors with a higher added value in order to make Morocco a hub for FDI flows at the regional and international levels.

The new investment law (the charter) also provides for targeted measures to support Moroccan SMEs, including digitalization, easy access to real estate, improved governance and better involvement of the banking sector.