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Home > Economy > Morocco’s Agricultural Output Reached MAD 125 billion in 2018

Morocco’s Agricultural Output Reached MAD 125 billion in 2018

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Apr, 17, 2019
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Morocco in the  Spotlight as Agriculture ‘Inspiration’ at Africa Agri Forum

Morocco in the Spotlight as Agriculture ‘Inspiration’ at Africa Agri Forum

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Rabat – The International Forum for Agriculture (SIAM) Association in Morocco said that Morocco’s agricultural output reached MAD 125 billion ($13.05 billion) in 2018, recording a 60% increase since the launch of the Green Morocco Plan agricultural strategy in 2008.

In a statement issued on the eve of the opening of the International Agriculture Forum in Meknes on Tuesday, the association explained that large resources have been mobilized to improve Morocco’s agricultural output.

The statement added that current figures were reached thanks to the genuine involvement of all actors from both the public and private sectors.

Total investment in Morocco’s agricultural sector in 2019 is expected to reach MAD 115 billion ($12 billion).

The association pointed out that the Green Morocco Plan supported the gradual deployment of the local irrigation system, which would cover 38% of the national irrigated areas by the end of 2019.

Read also: MEP: Agriculture, Fisheries Are Opportunity to Boost Morocco Partnership

The Association emphasized that the plan has been effective and efficient because it has enabled Morocco to triple its agricultural production.

The local irrigation system contributed to the flourishing of irrigated agriculture, which contributed by 45% to the gross domestic agricultural product, which creates 50% of the job opportunities in the rural world, according to the statement.

The International Forum for Agriculture (SIAM) kicked off on Tuesday in Meknes and will run until April 21. The forum will bring together 1363 exhibitors representing 62 countries. Switzerland is this year’s forum’s guest of honor.

Tags: agriculture in MoroccoThe International Forum for Agriculture (SIAM)
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