Morocco’s Minister of Industry and Trade, Ryad Mezzour, and Minister Delegate to the Head of Government in charge of Investment, Convergence and Public Policy Evaluation, Karim Zidane, said the Kingdom is steadily consolidating its position as a global industrial and investment platform through structural reforms, advanced infrastructure, and investor-friendly policies that have made it an increasingly attractive destination for international companies.
In a joint interview with the Miami Herald, the two Moroccan officials noted that the country’s economy expanded by 4.9% in 2025, according to the International Monetary Fund, with similar growth expected this year as Morocco continues to outperform many of its North African peers.
Mezzour said the performance reflects the success of a long-term strategy aimed at transforming Morocco into a manufacturing and export platform integrated into global supply chains, particularly in the automotive, aerospace, agribusiness, pharmaceutical, textile, outsourcing, and engineering sectors.
“Over the past two decades, Morocco has not just built industry; we have built a global brand of trust,” Mezzour said, arguing that this reputation has become one of the Kingdom’s strongest assets in attracting foreign investment.
For his part, Zidane revealed that foreign direct investment (FDI) inflows rose by 28% in 2025, reaching $5.6 billion, a development he said reflects growing confidence among international investors in Morocco’s economy.
The minister pointed to major projects, including Stellantis’ investment of more than $1 billion to expand its automotive plant and Gotion High-Tech’s construction of Africa’s first electric battery gigafactory, describing them as examples of Morocco’s emergence as a key player in the global electric vehicle value chain.
Mezzour also highlighted Safran’s decision to establish an integrated aircraft engine assembly and maintenance site in Morocco, as well as the company’s largest landing gear manufacturing center worldwide, saying the projects demonstrate the Kingdom’s ability to host industries requiring advanced technological expertise.
Zidane noted that the United States is Morocco’s fourth-largest investor, with nearly 150 American companies operating in the country, while U.S. investment inflows during the first nine months of 2025 nearly matched the total recorded throughout 2024.
He added that Morocco enjoys a unique competitive advantage as the only African country with a free trade agreement with the United States, while also providing investors access to more than 2 billion consumers through its extensive network of free trade agreements.
The two officials also stressed that Morocco’s modern infrastructure, led by the Tanger Med Port, along with its industrial free zones and integrated transport and logistics networks, has significantly enhanced the country’s attractiveness to global investors through tax and customs incentives and specialized training services.
Zidane said 2025 saw the accelerated expansion of existing industrial zones and the launch of new projects to meet rising investor demand, while Mezzour noted that more than 46% of Morocco’s electricity is generated from renewable energy sources, providing manufacturers with competitive and low-cost energy.
Regarding reforms, the ministers said the government has streamlined and digitalized investment procedures while introducing the 2023 Investment Charter, which offers grants of up to 30% of eligible investment costs based on criteria including job creation, sustainable development, and local integration.
Zidane added that the charter has so far covered 250 investment projects worth approximately $41.43 billion, with the potential to create nearly 179,000 jobs, while more than 72,000 new companies have recently been established, underscoring Morocco’s growing economic dynamism.
Mezzour said the next phase of Morocco's industrial strategy will focus on moving up global value chains by shifting from "Made in Morocco" to "Invented in Morocco." He said the transition will be driven by greater investment in research, innovation, and the development of next-generation industries.
The two ministers said Morocco is placing strategic emphasis on sectors including green hydrogen, renewable energy, electric mobility, aerospace, pharmaceuticals, electronics, semiconductors, and artificial intelligence, as the Kingdom seeks to strengthen its position as an industrial and investment gateway linking the United States, Africa, and Europe.
