Morocco is an emerging market at the crossroads of Europe, Africa, and the Middle East. Since the stagnation of the 1990s, Morocco has been on a steady path of economic recovery, with sound macroeconomic management and sustained growth in non-agricultural sectors economy in the direction of trade liberalization and increased reliance on market forces and the private sector.
Today, the economy has proved relatively resilient in the face of the recent global economic slowdown. The government has created a fast and efficient customs service, specialized commercial courts, 16 regional investment centers to ensure speedy company registration and business troubleshooting and has signed a wide array of trade agreements with the US, the EU, and MENA countries such as Egypt, Tunisia, Jordan, Turkey and the United Arab Emirates.
Aware of the fact that investment is a key factor to ensure sustainable and sustained economic growth, Morocco has liberalized its economy by easing procedures, providing better protection to private operators through the introduction of new laws aimed at improving investment conditions and, thus, acquiring significant flow of domestic and foreign private capital. In a bid to promote foreign investments in 2007, Morocco adopted a series of measures and legal provisions to simplify procedures.
The strategic location provides easy access to Morocco from USA, Europe and Middle East which makes it a gateway for international trade and also a future business hub. Morocco has a stable socio-political environment along with a vast reserve of multicultural and educated population. The country also provides a sound infrastructure which makes it easy for business to set up a base or a branch in Morocco. The Government of Morocco is continuously working on attracting international investments and has taken all the measures to ensure world class services and infrastructure is provided to the businesses and citizens.
The unique and strategic location, culture, weather and a stable economy makes Morocco a promising country for international investors. The government is taking initiatives to enhance the infrastructure developmental activities and promoting foreign investment. By balancing and absorbing the political, and economic influences from surrounding regions, Morocco may remain one of the most peaceful, stable, and pluralistic countries in the Arab and African world.
Building on the success of its renowned conferences in Africa, South America, Asia, Europe, Middle East, and North America, Fleming Gulf is concerting its efforts with ARPA International; the Moroccan Chamber of Commerce and other Moroccan national partners to prepare its first edition of The Morocco Summit, taking place on 19-21 November 2013 in Rabat, Morocco.
This action-oriented forum aspires to bring together over 250 world leaders from a breadth of disciplines and legal traditions to promote Morocco as an investment hub and gateway to doing business in North Africa. The summit promises to set a platform for industry and legal experts, government representatives and international investors to come together and explore the investment opportunities through cross vertical discussions and benefits that Morocco has to offer.
The summit offers an unprecedented opportunity to understand the dynamics, opportunities and requirements of investing or doing business in the country; break the legal constraints to facilitate investments in Morocco and increase understanding of the regulatory framework in the country and its investment infrastructure, from legalistic and academic angles.
