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Economy

Russian Investments in Morocco: A New Boost for Economic Cooperation

Sunday 16 March 2025 - 09:37
By: Zahouani Ilham
Russian Investments in Morocco: A New Boost for Economic Cooperation

Economic relations between Morocco and Russia have witnessed significant progress in recent years, marked by increasing Russian investments in Morocco’s agricultural sector. This expansion signals a new phase in the strategic partnership between the two nations. However, cooperation between Morocco and Russia is not limited to agriculture; it extends to various sectors, reflecting both countries' ambitions to build a comprehensive economic alliance.

One of the most notable projects in this collaboration is an agreement between the Russian company Rosatom and a Moroccan partner to implement seawater desalination projects using innovative technologies. This initiative aligns with Morocco’s strategy to adopt sustainable solutions for addressing water scarcity caused by drought and climate change. As a result, cooperation with Russia in this field represents a crucial strategic step.

In the heavy industry sector, the Russian truck manufacturer Kamaz, one of the largest in its field, is preparing to establish an assembly plant in Morocco after years of negotiations. This project will not only strengthen Morocco’s position as a regional industrial hub but will also create new job opportunities and promote technology transfer, benefiting the national economy.

Additionally, the Russian government has encouraged small and medium-sized enterprises from the Angara and Irkutsk regions to explore investment opportunities in Morocco, particularly in the food and chemical industries. This diversification of collaboration areas contributes to strengthening trade exchanges between the two nations and expanding economic partnerships.

With these developments, Russian investments are set to play a crucial role in Morocco’s economic growth, fostering deeper cooperation and creating new opportunities in multiple industries.

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