Geneva - Morocco has attracted 3.36 billion dollars of foreign direct investment (FDI) in 2013, a significant increase of 23 percent compared to the previous year, according to a UN report on "World Investment."
Geneva – Morocco has attracted 3.36 billion dollars of foreign direct investment (FDI) in 2013, a significant increase of 23 percent compared to the previous year, according to a UN report on “World Investment.”
According to the report of the UN Conference on Trade and Development (UNCTAD), the Kingdom is reinforcing its positioning as a hot destination for foreign investment, thanks to an industry with a strong potential.
It is the manufacturing sector that attracts most foreign investors, followed by the real estate sector, agribusiness and infrastructure, said experts from the Geneva-based UN agency.
The UNCTAD notes that Morocco has benefited from a strong growth in its FDI in 2013, despite investment slow-down in North Africa, because of the political and social unrest.
As for outward investment flows from Morocco, they were down 18 pc in 2013 to reach 331 million against 406 in 2012.
