Demand for fertilisers has increased in recent years, prompted by the ambitious Green Morocco Plan (Plan Maroc Vert, PMV) strategy to develop and modernise Moroccan agriculture. Chief among the PMV’s objectives is the target to bring annual fertiliser consumption up from its current 900,000 tonnes to 2m tonnes by 2020. Today, Morocco’s use of fertilisers lags behind its neighbours, consuming 45…
In 2013 foodstuffs accounted for more than 15% of the country’s total exports. Fresh fruits and vegetables, processed fruits and vegetables, and fresh and canned seafood constitute Morocco’s three main exported food categories. Overall, Europe takes in up to 63% of the kingdom’s exported food goods and the country has been increasingly looking into diversifying its customer base to supply more…
With a labour force of around 200,000, the textile sector is a key employer in Morocco. While sector performance has stagnated over the past decade, the last year saw an uptick in activity, with exports increasing by 5% in 2014, according to preliminary figures released by the Office des Changes. Performance The ailing sector owed its poor performance over the past decade to a number of factors,…
A 2012 World Bank report suggested that as much as one-fifth of private sector employment in Morocco comes from small and medium-sized enterprises (SMEs), while the African Development Bank reported in 2014 that SMEs provide roughly half of the industrial sector’s employment and nearly 40% of its turnover. The authorities are particularly keen to bolster SMEs in the arts and handicrafts industry,…
Per capita consumption of medicines in Morocco is low, with annual spending per citizen hovering around Dh400-500 (€44-54) compared to €61 in Algeria and €98 globally. This gap is due in large part to the high cost of medicine compared to average incomes. Authorities have worked to broaden health insurance coverage, as well as to implement a price reduction policy for drugs. The latter, initiated…
The Moroccan aeronautical industry has made significant strides over the past decade, with its industrial base growing from around 10 companies to over 100 today. The sector generated $1bn in turnover in 2013 and was the main source of employment for 10,000 people. Aeronautics exports accounted for 6% of total exports in 2013, up from 0.5% a decade earlier, and the list of major manufacturers present…
Thanks to lower oil prices and improving conditions in its major export markets, Morocco’s trade deficit in 2014 shrank by 6.2% over the previous year and looks set to perform even better in 2015. Levels of foreign direct investment, especially from France, have grown substantially in recent years, boosted by investor incentives and good infrastructure, though they could be higher still if more progress…
This chapter offers useful facts for visitors, including information about local customs and etiquette, access to health care, visas and local languages. Readers can also find a hotel listing and contact information for foreign missions, legal services, banks, airlines and other institutions.…
This chapter examines different aspects of the legal system in Morocco, in conjunction with Lefèvre Pelletier & associés, focusing on recent banking reforms and the impact of new rules relating to health care and the real estate sector. It also cointains a viewpoint by Romain Berthon and Lina Fassi-Fihri, Partners, Lefèvre Pelletier & associés.…
