Morocco Transport

Displaying 31 - 36 of 55

Chapter | Transport from The Report: Morocco 2015

An influx of capital and a number of major upgrades have improved Morocco’s transport sector significantly in recent years, with private investment initiatives working alongside the state-led development programme. Despite tight budgetary constraints, authorities allocated a large chunk of the 2015 budget towards transport projects, with the biggest slice going to the ports segment, followed...

Benefitting from strong ties to both Europe and the Arab world, Morocco has the right ingredients for future growth: low inflation, political stability, an industrial base and a favourable climate. With the outlook improving for Morocco’s trade partners and the lower price of oil – of which the country is a net importer – most observers expect growth to be even stronger in 2015, with estimates ranging from 4.4% to 5.0%.

The only monarchy in North Africa, Morocco has one of the more diversified GDP mixes in the region, and the mainstays of the economy include agriculture, tourism, and the textiles industry; higher-end manufacturing, IT and communications, and outsourcing are also all becoming increasingly important. The past few years have seen some significant changes, yet the kingdom has remained stable, even amidst the broader regional turmoil.

What is being done to address bottlenecks in the Customs clearance process?

 

The biggest story in Morocco’s rail segment is without a doubt the construction of a high-speed link between Tangiers and Rabat, passing by Kenitra and extending to Casablanca on a regular-speed double line. The 200-km-long connection will become the fastest rail link on the continent, topping South Africa’s Gautrain, and reduce rail transport...

 

Maritime traffic is of great importance for Morocco’s economy, not only because it represents 98% of all foreign trade, but also because it affords the kingdom a strategic opportunity to tap into global trade flows, in particular those of Europe and the Mediterranean.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart