Foreign Investment Flow to Morocco Rises by 37% at the end of 2018

  • Rabat, Morocco
  • 11 January 2019
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Morocco's net foreign direct investment flows amounted to 31.82 billion dirhams ($3.35 billion) at the end of November, an increase of 36.7 percent compared to the same period last year, according to the country’s Foreign Exchange Office.

"We are ready to facilitate and improve the business environment for local and foreign investors, which will pave the way for further investment in the African continent," said Morocco’s Prime Minister, Saad Eddin Othmani.

Morocco's exports rose by 7.1% year-on-year recording 367 billion dirhams ($38.8 billion) by the end of November 2018. Similarly, Morocco's imports rose by 7.7% year-on-year reaching 471 billion dirhams ($49.8 billion) in the end of November 2018.

Source: (Economic Bulletin website, edited)

 

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