Interview:Ramses Arroub How should the market be modernised in order to meet Solvency II standards? RAMSES ARROUB: The proper functioning of the Solvency II Directive 2009 regulatory standards depends on two main pillars, namely good governance and capital requirements. The implementation of a proper governance scheme is the best protection against any internal business risk. This means creating…
Interview:Mohammed Amal Guedira What factors make Morocco’s automotive industry attractive to foreign investors? MOHAMMED AMAL GUEDIRA: Morocco benefits from political and macroeconomic stability, and has seen stable growth, controlled inflation and low debt. The country also has a strategic geographic position, at the junction of Europe, Africa and the Arab World. In addition, the country…
Interview:Abderrahim El Hafidi How would you assess Morocco’s efforts to manage its energy bill, and will it be reduced in the future? ABDERRAHIM EL HAFIDI: Morocco is focusing on rationalising expenditure, while providing high-quality service and optimising investments. The electricity mix has undergone profound transformations. In the 2000s we relied mainly on fossil fuels, while today…
Interview:Saïd Mouline How is Morocco promoting energy efficiency? SAÏD MOULINE: For over 10 years Morocco has been transitioning to sustainable energy, creating new energy markets around high-power, renewable energy programmes. These efforts have been led by the Moroccan Agency for Sustainable Energy, while energy efficiency and smaller-scale renewable energy projects in the construction,…
Interview:Nadia Laraki How can the National Port Strategy help strengthen Morocco’s international competitiveness? NADIA LARAKI: Morocco recently implemented several restructuring projects within the framework of the National Port Strategy (Stratégie Nationale Portuaire, SNP). This strategy constitutes a fundamental plan not only to respond to the evolution of port traffic but to seize new…
Interview:Nawfal Bendefa In what ways do you anticipate REITs will impact the commercial real estate market? NAWFAL BENDEFA: REITs are not an industry but a mechanism of support, an investment tool for all industries that rely on real estate as a tool for productivity, such as schools, offices and factories. How the commercial real estate segment performs is linked to the health of the industry…
Interview:Nouzha Bouchareb What steps are being taken to develop environmentally sustainable cities? NOUZHA BOUCHAREB: Morocco has considerable renewable energy potential, with 3000 hours of sunlight per year, 5 KWh per sq metre per day of irradiation and 25,000 MW of wind power. The country has set ambitious targets to integrate renewables into the energy mix in order to reduce costs and greenhouse…
Interview:Mohammed Drissi Melyani What steps are being taken to accelerate digital transformation in Morocco? MOHAMMED DRISSI MELYANI: Morocco’s digital transformation is a major initiative, and the government is working to create a suitable environment for its implementation. The goal is to work alongside both the public and private sector to digitalise the national ecosystem, with a focus…
Interview: Abdelhamid Aboulkassim What role does organic farming play in the development of Morocco’s agriculture sector? ABDELHAMID ABOULKASSIM: Organic farming represents a step forward for agriculture in Morocco. However, with around 11,000 ha of cultivated area and 200,000 ha of untended area – including the cultivation of organic argan and aromatic plants, which make up more than 140,000…
Interview:Nadia Fettah Alaoui What opportunities are available for foreign investors in Morocco’s tourism sector? NADIA FETTAH ALAOUI: As a major contributor to job creation, foreign currency reserves and economic growth, tourism continues to position itself as a key sector in the kingdom’s economic and social development. Tourist arrivals increased at an average of 8% between 2016 and…
