Morocco highlights investment potential at 'Morocco Now' conference in Madrid

Wednesday 30 April 2025 - 15:10

By: Dakir Madiha

Morocco highlights investment potential at 'Morocco Now' conference in Madrid

Morocco showcased its economic strengths and investment opportunities during the “Morocco Now” conference held on Tuesday in Madrid.

The event, themed “Investing together for a sustainable and shared future,” attracted major economic players from both Morocco and Spain. It aimed to promote Morocco as a reliable and attractive destination for foreign investments, particularly for European partners. With participation from over 150 companies, the conference was organized by Morocco’s Ministry of Investment, Convergence and Evaluation of Public Policies, in collaboration with the Moroccan Agency for Investment and Export Development (AMDIE).

Throughout the conference, the Moroccan delegation highlighted the country’s recent economic reforms, high-potential industries, and concrete projects available for mutually beneficial partnerships.

Spain’s Secretary of State for Trade, Amparo López Senovilla, emphasized the strategic significance of the Morocco-Spain relationship. “Our historical ties and strategic geographical locations bring both sides of the Mediterranean closer,” she stated, as reported by the MAP news agency.

Morocco’s Head of Government, Aziz Akhannouch, led a strategic meeting to advance the country’s employment roadmap amidst ongoing job insecurity. Meanwhile, Morocco’s Ambassador to Spain, Karima Benyaich, characterized Morocco as a promising platform for Spanish businesses. She praised the country’s ambitious strategic vision, favorable business climate, and the growing partnership with Spain.

Karim Zidane, Morocco’s Minister Delegate in charge of Investment, urged Spanish companies to explore the numerous investment opportunities available in Morocco, particularly in key sectors such as aerospace, renewable energy, automotive, and electronics. He pointed out Morocco’s world-class infrastructure, skilled young workforce, and strategic location as compelling reasons for its attractiveness to foreign investors.

Ali Seddiki, Director General of AMDIE, echoed this sentiment, highlighting Morocco’s position as a leading hub for investment and exports in the region. He noted that the conference in Madrid aims to encourage more Spanish businesses to invest in Morocco.

Moroccan and Spanish officials have consistently pledged to strengthen cooperation across various sectors and bolster investment in both nations, particularly following Madrid’s official endorsement of Morocco’s sovereignty over Sahara.