Rabat — Morocco’s General Confederation of Moroccan Enterprises (CGEM) has recently received their Spanish counterparts to explore new investment opportunities between the two countries.
The visit reflects the strong economic partnership between Morocco and Spain, two nations that share a vision for sustainable growth and regional integration.
Business leaders from both countries say their economies complement each other well and see significant potential for deeper cooperation.
Antonio Garamendi, president of Spain’s main business confederation CEOE, led a delegation to Morocco that included Vice President Iñigo Fernández de Mesa and Marta Blanco, who chairs the organization’s international relations committee.
During Monday’s meeting, Garamendi joined Chakib Alj, president of Morocco’s business confederation (CGEM), Investment Minister Karim Zidane, and Moroccan business executives.
Their discussion included investment opportunities and ways to strengthen bilateral trade amid global economic shifts.
On Tuesday, a follow-up session at CGEM headquarters brought together Alj, CGEM Vice Presidents Mehdi Tazi and Ghita Lahlou, and the Spanish delegation.
The meeting provided the ground for participants to identify steps to boost Spanish investment in Morocco and Moroccan investment in Spain. The focus was on small and medium enterprises in high-value sectors, including tourism, automotive, education, pharmaceuticals, sustainability, and technology.
The discussions also explored how Moroccan companies could use Spain as an entry point to Latin American markets, while Spanish firms could leverage Morocco’s position as a gateway to Africa.
As both countries are jointly co-hosting the 2030 FIFA World Cup with Portugal, business leaders devoted significant attention to the major role that the private sector has to play in making the tournament a driver of economic development that creates jobs and lasting opportunities.
In this respect, the two organizations agreed to establish a joint committee with Portugal’s business confederation CIP, led by President Armindo Monteiro.
The tri-national committee will develop a roadmap for the three countries’ private sectors to share expertise and build partnerships that maximize the World Cup’s economic and social impact.
As a first step, the three business confederations will organize a Morocco-Spain-Portugal business forum in Rabat in early 2026, bringing together company leaders from all three nations.
