Morocco is experiencing a sweeping “industrial revolution,” attracting significant investments in sectors such as infrastructure and energy, according to a Wednesday report by the Italian digital newspaper L’Opinione delle Libertà.
The publication highlights Morocco’s strategic location in the Mediterranean, coupled with a robust economic and geopolitical strategy that has piqued the interest of financial and business operators worldwide. In an article titled “Morocco: Emerging Trade and Energy Sustainability,” the newspaper discusses the pivotal role of the Tanger Med port, which has become a cutting-edge logistics hub since its inauguration in 2007.
Tanger Med, one of Africa’s leading ports, now surpasses key competitors like Durban in South Africa and Port Said in Egypt. The port acts as a crucial link to Europe and serves as a central component of Morocco’s broader development policy.
The article also emphasizes Morocco’s creation of free-trade zones near Tanger Med, connected to the port by modern rail networks. These zones are home to around 1,000 companies, half of which are European, primarily producing goods for export.
While the automotive sector plays a major role in Morocco’s industrial boom, other industries such as aerospace, textiles, electronics, and agro-industry are also growing rapidly. The publication notes that this industrial transformation is drawing considerable investments, especially in the fields of energy and infrastructure.
One of the key areas attracting investment is Morocco’s renewable energy sector. The majority of the financing is directed toward solar energy projects, followed by wind energy initiatives. The report notes that Morocco is one of the leading recipients of renewable energy funds in the Middle East and North Africa (MENA) region, according to energy experts.
In addition to its national development, Morocco is also expanding its economic and geopolitical vision to the African continent. The Kingdom has recently advocated for strengthening economic reforms in West Africa, with the goal of creating a regional free-trade zone under the framework of the Community of Sahel-Saharan States (CEN-SAD). These efforts align with Morocco’s broader push to support infrastructure development across West Africa.
