Morocco and Indonesia identified several high-potential sectors for expanding economic cooperation on Tuesday in Jakarta, as both countries seek to strengthen investment and trade ties.
During a meeting with Moroccan Ambassador to Jakarta Redouane Houssaini, Indonesian Investment and Industrial Transformation Minister Rosan Perkasa Roeslani described Morocco as a credible partner in Indonesia’s economic diversification strategy, particularly in Africa, citing the Kingdom’s capabilities and potential.
Roeslani, who also heads Indonesia’s sovereign wealth fund Danantara, said Jakarta wanted to give fresh momentum to its partnership with Morocco, particularly in trade and higher-value sectors such as fertilizers, tourism, renewable energy and electric vehicles.
The initiative is part of a new policy at the Indonesian ministry focused on industrial transformation and supporting Jakarta’s ambition to become one of the world’s five largest economies by 2045.
Houssaini, for his part, highlighted Morocco’s investment appeal, pointing to major infrastructure and development projects across several sectors, including those linked to the country’s preparations to co-host the 2030 FIFA World Cup.
He cited Tanger Med, the planned Dakhla Atlantic Port, Morocco’s high-speed rail network and integrated industrial zones as key assets that facilitate trade and reinforce the country’s role as a gateway to major international markets.
The ambassador said Morocco’s economic appeal was also underpinned by its political stability, investment-friendly environment and public policies aimed at strengthening the economy’s long-term attractiveness.
The two officials agreed to work on strengthening the legal framework governing bilateral economic relations, particularly investment protection and promotion, with the aim of providing greater certainty for businesses.
They also discussed ways to encourage companies from both countries to tap investment and business opportunities in their respective markets.
Cooperation could further draw on the transport infrastructure and logistics networks of both countries to strengthen trade links between Southeast Asia, Africa, Europe and other international markets.
The discussions reflect efforts by Rabat and Jakarta to shift their economic relationship toward investment, industrial development and higher-value supply chains.
Fertilizers, clean energy, tourism and electric mobility emerged as potential areas for deeper cooperation, building on Morocco’s growing industrial capabilities and Indonesia’s position as a major economy and manufacturing hub in Southeast Asia.
