Business Europe Headlines Morocco

Business Meeting in Valencia Highlights Investment Opportunities in Morocco

A business forum held on Monday in Valencia showcased the investment opportunities available in Morocco and highlighted the structural reforms undertaken by the Kingdom to improve the business climate and enhance its attractiveness to foreign investors.

The event, held under the theme “Exploring Morocco: Keys to Investing and Growing in Africa from Valencia,” was organized by the Morocco-Spain Economic Council, the Valencian Business Confederation and the local Chamber of Commerce, with the participation of representatives from major companies in the region.

Speaking on the occasion, Valencia’s Regional Minister for Industry, Tourism, Innovation and Trade Marián Cano reaffirmed her department’s commitment to further strengthening multidimensional ties between the two sides.

She also pointed out that the complementarity between the Moroccan and Valencian economies offers a strategic lever for building a leading industrial, technological and logistics alliance in the Mediterranean.

President of the Valencian Business Confederation Vicente Lafuente praised the excellent neighborly relations between the two countries, noting that Morocco’s favorable environment, particularly in terms of security, connectivity and infrastructure, constitutes a key factor in enhancing business competitiveness.

Morocco, he added, represents not only a market for Spanish businesses but also a “strategic ally” with which Spain has maintained longstanding economic and human ties.

Meanwhile, President of the Council of Chambers of the Valencian Community José Vicente Morata welcomed the volume of trade exchanges between the two sides, noting that nearly 2,800 Valencian companies export to Morocco, which he described as a “true logistics and industrial hub” for access to African markets.

Morocco’s Minister of Industry and Trade Ryad Mezzour who attended the event stressed that relations between the two neighboring kingdoms are experiencing “a historic moment,” and called for stronger cooperation, particularly in the economic, industrial and commercial spheres.

The official highlighted Morocco’s ongoing industrial transformation, and noted that the North African Kingdom possesses all the necessary assets to accelerate its growth thanks to the ambitious reforms carried out under the leadership of King Mohammed VI.

In this regard, he emphasized the attractiveness of the Moroccan economy for foreign investors and invited Valencian companies to engage in a dynamic of co-innovation and joint development.

Morocco’s Ambassador to Spain Karima Benyaich stated that the event reflects the strength of the strategic partnership between Morocco and Spain, which is currently enjoying an exceptional phase.

The diplomat underscored Morocco’s ambitious structural reforms and modern infrastructure that meet international standards while offering investors significant advantages in terms of legal certainty and macroeconomic stability. She also recalled the Kingdom’s position as a privileged gateway to African markets thanks to its active and solidarity-based African policy.

The event featured a series of panel discussions and B2B meetings focusing on topics such as “Morocco, an Attractive Platform for Foreign Investment,” “Investment Opportunities and Support Mechanisms,” “Investing in the Valencia Region: Strengths and Opportunities,” and “Prospects for Cooperation Between Operators from Both Countries.”

 

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