Morocco is steadily advancing toward its goal of 300,000 tons of aquaculture production and 30,000 jobs within the next decade, positioning aquaculture as a new engine for sustainable growth and innovation, says a report released lately by the World Bank.
Morocco’s aquaculture offers investors huge opportunities with the rise of domestic seafood consumption due to population growth and awareness of seafood’s health benefits while global demand continues to increase, adds the document.
This year, investment opportunities are expected to exceed $1 billion, and aquaculture can play a key role in reducing seafood imports and stabilizing domestic supply.
The World Bank is supporting Morocco build a climate-resilient Blue Economy and helping pioneering ventures in shrimp and seaweed farming scale up production, tap into global markets and attract private sector investments.
Targeted WB investments have supported scalable models in shrimp and seaweed farming, helping to strengthen Morocco’s climate-resilient aquaculture value chains, while innovative ventures are already demonstrating how sustainability and growth can go hand in hand.
Globally, marine and coastal aquaculture produced 71 million tons in 2022. Morocco’s ambitions to tap into this growing market with its seaweed farming, which is now becoming a cornerstone of the country’s bio-innovation drive.
With continued commitment and investment, Morocco can position itself as a regional leader in aquaculture—creating jobs, boosting exports, and protecting marine ecosystems. From seaweed to shrimp, Morocco’s Blue Economy is no longer just a vision: it is a future taking shape—where the ocean becomes a source of prosperity and resilience for generations to come.
