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Rabat — Morocco is steadily positioning itself as a future regional leader in aquaculture, driven by strong political will, sustained investments, and a sustainable vision for the blue economy, according to a recent World Bank analysis.
In an article on its website, the international financial institution spoke highly of the sector’s remarkable growth in the country, stating that “from algae to shrimp, Morocco’s blue economy is no longer just a vision — it’s a future taking shape, where the ocean becomes a sustainable source of prosperity and resilience for generations to come.”
Vast untapped potential
The World Bank article, titled “Morocco’s Blue Future: Aquaculture for Growth and Employment,” stressed the country’s considerable untapped potential in the sector. Current production stands at just 3,600 tons — a fraction of what the country could achieve.
However, momentum is building in the North African country. The report indicated that through continuous public and private investments, Morocco aims to reach 300,000 tons of production and create 30,000 jobs over the next decade.
With its extensive coastline, diverse marine ecosystems, and rising global demand for sustainable seafood products, Morocco can utilize marine aquaculture as a new engine for growth, innovation, and employment.
Structural reforms drive progress
Morocco has undertaken several fundamental reforms to realize this ambition. The government has identified suitable aquaculture zones, modernized the regulatory framework, and strengthened trade channels. These measures make it easier for Moroccan producers to access global seafood markets.
The World Bank’s report noted that Morocco now has 322 licensed farms with a targeted annual capacity exceeding 124,000 tons. These advances demonstrate a clear strategy and firm commitment to economic and environmental sustainability.
World Bank pledges continued support
The World Bank’s support fits within a comprehensive approach aimed at making the blue economy a pillar of national development. “The World Bank Group stands ready to support the Kingdom of Morocco and the National Agency for Aquaculture Development to make this sector a national priority,” said Ahmadou Moustapha Ndiaye, the Bank’s division director for the Maghreb region.
Ndiaye added that the Bank supports Morocco’s efforts to simplify regulations, reduce investment risks, and mobilize financing through the expertise of the International Finance Corporation (IFC) to stimulate private sector engagement.
The World Bank already backs Morocco in building a climate-resilient blue economy through a $350 million program-for-results initiative, supplemented by an additional $5 million from the multi-donor PROBLUE trust fund.
