Casablanca- Foreign investors with international aspirations are constantly on the lookout for the best international investment destinations. Today, Morocco is among the top 3 Arab countries for profitable investment, according to the 2014 Baseline Profitability Index (BPI).
The Baseline Profitability Index (BPI), published by Daniel Altman and Foreign Policy magazine, ranks markets for foreign investment based on asset growth, preservation of value, and repatriation of capital.
Recently published by the American Foreign Policy magazine, the 2014 BPI ranked Morocco third best Arab destination for profitable investment, ahead of Saudi Arabia (58th) and Egypt (73rd). The Cherifian Kingdom is also the only Maghreb country that has made it to BPI’s ranking.
At the international level, Morocco ranked 42th out of 112 countries featured in the study. The kingdom ranked right after the United Kingdom, and ahead of Canada (44th), the Netherlands (51st), Sweden (52nd) and Germany (68th).
Yet, Morocco scored 1.02 in 2014 compared to 1.03 in 2013, and thus lost 5 ranks, according to the 2014 BPI.
Topping this year’s list of best destinations for profitable business is Botswana, which scored 1.3, followed by Hong Kong (1.22) and Taiwan (1.20).
According to Daniel Altman, the BPI considers 8 factors that allow the prediction of “the total pretax return investors might expect in countries around the world”: economic growth, financial stability, physical security, corruption, expropriation by government, exploitation by local partners, capital controls and exchange rates.
Taking into consideration the important mutations global investment underwent over the past 12 months, Altman added three new factors to the BPI: “how much an asset’s value grows, the preservation of that value while the asset is owned, and the ease of bringing home the proceeds from selling the asset.”
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