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EBRD praises Morocco’s progress in renewable energy and industrial expansion
The European Bank for Reconstruction and Development (EBRD) has commended Morocco for its remarkable achievements in sustainable development, highlighting its growing role as a regional leader in the green transition and industrial modernization.
A model of strategic vision and sustainability
In an interview with MAP during the “Women in Business: Breaking Barriers for Women Entrepreneurs – A €1 Billion Impact” conference held in Casablanca, the EBRD’s Director for Morocco, Haytham Eissa, described the country’s transformation as a powerful reflection of its long-term vision, strategic leadership, and steadfast commitment to sustainability.
“Morocco has made remarkable progress, notably in developing world-class infrastructure, accelerating the transition to renewable energy, promoting financial inclusion, and strengthening its institutional framework,” Eissa said.
He noted that climate action is at the heart of Morocco’s development strategy, which has firmly positioned the kingdom as a regional leader in the green transition through ambitious decarbonization goals and tangible policy actions.
Industrial growth and foreign investment
Eissa emphasized Morocco’s strong reputation as one of North Africa’s top reformers, attracting significant foreign direct investment (FDI) and financing for export-oriented industries.
“The Kingdom’s success in becoming a major hub for automobile production is a best practice example that we have frequently cited in our flagship reports,” he added.
According to the EBRD, Morocco’s combination of economic stability, progressive reforms, and strategic investments has created a favorable environment for industrial expansion and green growth.
Economic resilience amid global challenges
Eissa also highlighted Morocco’s macroeconomic resilience in the face of global uncertainty. Despite the impact of drought on agriculture, the economy has remained diversified, with strong performance in the manufacturing sector and consistent policy management.
He estimated that Morocco’s economic growth, currently around 3%, is set to increase further, driven by expanding exports, private sector dynamism, and sustained public investment.
The EBRD reiterated its commitment to supporting Morocco’s green and industrial transformation, positioning the country as a model for sustainable economic development across the wider MENA region.