Kingdom of Morocco
Determinations and Qualifications: Orientations and Results
Said El Mansour Cherkaoui Works on Kingdom of Morocco Investment and Trade
TRI CONSULTING KYOTO TRI CK USA – Presented by Said Cherkaoui Ph.D. – Said El Mansour Cherkaoui Ph.D. – Contact us: support@triconsultingkyoto.com International Affairs Analyst You can contact Said El Mansour Cherkaoui at: saidcherkaoui@triconsultingkyoto.com https://www.linkedin.com/company/18446860/admin/feed/posts Said El Mansour Cherkaoui Ph.D. – ★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior Policy Adviser in International Affairs ★ Accomplished Public Speaker ★ Distinguished News Executive … Continue reading Said El Mansour Cherkaoui Works on Kingdom of Morocco Investment and Trade
Case-Study of Investment Opportunity: Kingdom of Morocco
Like for any organizational service or foreign investment sought, TRI CK USA offers its client to conduct thorough research and consider factors like regulations, cultural nuances, and risk management which will provide updated lateral views and a horizontal panorama of the Investment Climate and Business Practices in Morocco
Sypnosis on the Kingdom of Morocco’s New Development Strategy for Investment
Morocco is setting a frame and components that can be multiple and diverse in their local content, and regional determinations like in their external and global objectives. This strategy is oriented by the selection of leading mining resources, industrial sectors, and technological and energy-based productions that are becoming the focus and reasons for international heated competition. These advanced areas of design and development are the topics and the objectives that differentiate the level of technological and self-sustainability masteries and sector productive leadership between nations in their drive to set new rules for governance as an alternative to the failed globalization which did not respond to local, regional, national, and “inter-nations” geostrategic interests” but impose more competitive and war-driven interventions as regulation of the flow of natural and primary resources needed to fuel such global expansion made without cushion and safety social nets and ideological and political remedies.
Morocco’s drive is a response to these interferences and moves to rejection and adhesion of nations in new identification of competitive forms. Morocco is positioning its economy and external alliances as a regional liaison, a conduit of dialogue, an ally interlocutor, and a business negotiator within balanced the weakness into forces between spheres of influence and clusters of changes.
Morocco has ratified 72 investment treaties for the promotion and protection of investments and 62 economic agreements, including with the United States and most EU nations, that aim to eliminate the double taxation of income or gains. Morocco is the only country on the African continent with a Free Trade Agreement (FTA) with the United States, eliminating tariffs on more than 95 percent of qualifying consumer and industrial goods.
The Government of Morocco plans to phase out tariffs for some products through 2030. The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East. Since the U.S.-Morocco FTA came into effect bilateral trade in goods has grown nearly five-fold.
The U.S. and Moroccan governments work closely to increase trade and investment through high-level consultations, bilateral dialogue, and other forums to inform U.S. businesses of investment opportunities and strengthen business-to-business ties.
Reflections of the Kingdom of Morocco in California
By Said El Mansour Cherkaoui – TRI CONSULTING KYOTO – MAY 27, 2024 – Said El Mansour Cherkaoui Welcoming His Excellency Si Mohcine Jazouli, the Minister of Investment, Convergence and Evaluation of Public … Continue reading
Foreign Direct Investment inflows by country and sector in Morocco
Foreign direct investment, net inflows (% of GDP) – Morocco
World Bank | https://data.worldbank.org/indicator/BX.KLT.DINV.WD.GD.ZS?locations=MA | |||
FDI Net inflow (millions USD) | Year | FDI net inflows as % of GDP (%) | Year | |
Morocco | 2177.846 | 2022 | 1.623% | 2022 |
Here are some countries and sectors that have invested in Morocco through foreign direct investment (FDI): In 2022, the top investing countries by stock were France (30.8%), the United Arab Emirates (UAE) (20.3%), Spain (8%), Switzerland (5.7%), and the United States (5%). In the first quarter of 2022, the leading investors were the United States, France, and the UAE.
Sectors that receive the most FDI are:
- Industry: Almost one-fourth of FDI
- Real estate: 20% of FDI
- Communication: 12.4% of FDI
- Tourism: 9.5% of FDI
- Energy and mining: 6.4% of FDI
- Banking: 5.7% of FDI
The aim is to be considered as an alternative and reliable intermediary and as a hub of transfer and transformation of existing created and advanced researched values. The multiple participation of Morocco in international events, the signature of trade treaties and investment agreements, direct involvement in security, and strategic alliances are the institutional expressions for business integration, diplomatic acceptance, and cultural harmonization driven by the search for mutual benefits and complementary exchanges with a transfer of technological intelligence and operational know-how that Morocco is striving to materialize. A new model of development based on the production of clean energy remains the determining factor in conglomerating these similar but not identical factors of development.
Investing in Morocco
Morocco has repeatedly demonstrated a strong capacity to respond effectively to shocks in recent years. The September 8 earthquake in Al Haouz is the last of a series of shocks that have struck Morocco since the COVID-19 pandemic. The quake had devastating human and material consequences localized primarily in remote mountain communities but is unlikely to have significant macroeconomic impacts.
Morocco’s external resilience is also evidenced by a solid external demand for the country’s goods and services, despite the international economic slowdown. Equally, Foreign direct investment inflows remain strong and increasingly directed towards the manufacturing sector. Various modern industrial niches well connected to global value chains have emerged and the country maintained access to international capital markets despite the ongoing tightening of global financial conditions.
Morocco has launched ambitious reforms to improve human capital and encourage private investment.
The presentation highlights Morocco’s emergence as a promising investment market. Here are the key takeaways and some suggestions:
Positive Factors for Investment in Morocco:
Over the past decade, Morocco has implemented political, economic, and social reforms, creating a favorable business environment. The country’s consistent economic growth and strategic geographic position make it an attractive investment opportunity.
Despite shocks like the recent earthquake, Morocco has demonstrated resilience. Inflows remain strong toward Morocco, particularly in the manufacturing sector which contributed to the building of modern industrial niches connected to global value chains.
Advice and Suggestions:
Sustainable Development: Continue investing in infrastructure, education, and healthcare to enhance human capital.
Diversification: Explore opportunities beyond manufacturing, such as technology, renewable energy, and tourism.
Overall, Morocco’s proactive reforms and economic resilience position it well for continued growth and investment.
7 Top Pillars of Business Wisdoms:
It is with immense personal pride and a professional sense of dignity to be able in a lifetime to receive representatives of the Country of my birth and growth and my own ancestral family: the Kingdom of Morocco and meet with its highly esteemed government representatives in Northern California of the United States of America, the territory of the birth and growth of my children, my present family.
By Said El Mansour Cherkaoui, May 10, 2024Road to Morocco and USA Roadshow by Moroccan Officials
lmansourcherkaoui #Trickusacalifornia #Trickusa #Triconsultingkyoto #marocroissance #morocco
This meeting took place following the High Directives given in the speech of His Majesty King Mohammed VI on the occasion of the 69th anniversary of the Revolution of the King and the People, in which the Sovereign called for the establishment of a positive, solid relationship and continues with Moroccans residing abroad, which will ensure their full participation in the development of their country, the ministry said.
« Morocco is a strategic hub and our gateway to Africa, a rapidly growing market. With its conducive investment climate and visionary leadership under His Majesty King Mohammed VI, Morocco stands out as an economic powerhouse in the region. » Date and Time: May 10, 2024 – 6:00 PM Statement by His Excellency the Minister Si Mohcine Jazouli during the Meeting at Palo Alto, the Cradle and the Heart of the Silicon Valley in the Bay Area of San Francisco, California.
During this event, the Delegation of Moroccan Officials interacted and communicated with more than 150 Moroccans operating in the business arena and the digital groups, information technologies, biotechnology, entrepreneurship, and the research of sciences and academic fields. Together, they engaged in dynamic conversations and fruitful exchanges centering on Morocco’s ambitious development endeavors, with a particular focus on large-scale projects and future initiatives, especially within the realms of green energy and technology sectors.
With EBCITD – Said El Mansour Cherkaoui Representing 25 US / Californian Companies at Casablanca – Morocco
American Café at Casablanca – Morocco attended by Said Cherkaoui representing the EBCITD and 25 US Food companies. This trade show was a facilitator for the upcoming negotiations and the signature of the US – Morocco Free Trade Agreement. I met with Exporters, Importers, Heads of the Largest companies and Decision-Makers at local and regional and National levels.
Said El Mansour Cherkaoui Ph.D. Said Cherkaoui Ph.D. Sciences Po Grenoble Université Grenoble Alpes – IREP: Institut de Recherches Economiques et de Planification pour le Développement IHEAL Institute of Latin American studies, Paris Université Sorbonne Nouvelle info:–: saidcherkaoui@triconsultingkyoto.com