Today, Morocco is Africa’s most competitive country in terms of industrialisation, which includes sectors as diverse as infrastructure, renewable energy and agriculture.
Political stability is a key factor in a country’s development, and Morocco stands out in the Maghreb region and on the African continent as a whole. This stability has allowed the sustained implementation of economic and social development policies in a country with a population of 37 million and a GDP growth rate of 3.4 per cent in 2023.
Morocco’s economic development success is based on medium and long-term sectoral strategic plans that have produced exceptional results over the past two decades in areas such as infrastructure, industry, renewable energy and agriculture.
In the infrastructure sector, for example, Tangier-Med is now the largest port in the Mediterranean and Africa and ranks 19th in the world in terms of container traffic. A network of motorways has been built to link the country’s main cities, and a 200km high-speed railway line has been built between Casablanca and Tangier. As a result, Morocco ranks first among African countries in terms of infrastructure and digital connectivity, and is also the region’s leading airport hub.
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By Rui Cordovil, AICEP Director in Rabat, Morocco
