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Business

Automotive

The Moroccan automotive industry has grown to sustained levels of growth over the past decade. Its performance is particularly remarkable for exports and in terms of job creation, indicators for which the sector generates double-digit annual growth.

The positioning of Morocco as a platform for production and export of automotive equipment and vehicles is strengthened by the presence of renowned foreign groups such as RENAULT, SNOP, GMD, BAMESA, DELPHI, YAZAKI, SEWS, SAINT-GOBAIN and more recently, PSA Peugeot Citroën.

As a strategic sector in national industrial policy, the automobive sector has achieved double-digit annual growth in terms of job creation and exports since 2000.

Aeronautics

Over the last few years, the Moroccan aerospace sector has shown a certain dynamism and has grown remarkably. The development of diversified channels, including wiring, mechanics, boiler making, composite, mechanical assembly, positions Morocco as a preferred destination for aeronautical subcontracting.

A notable illustration of the emergence of aeronautics in Morocco is the implantation of the giant Bombardier which today constitutes a new locomotive of development of the sector, due to the economic spin-off induced by the development of Moroccan exports and local industrial fabrication.

With an investment of US $ 200 million, the Bombardier project will eventually create 850 direct jobs and 4,400 indirect jobs. The recent installation of other world majors, such as EATON, AEROLIA and ALCOA, confirms Morocco's ability to attract industry leaders.

Participants in this sector:
BOMBARDIER; EADS, BOEING, SAFRAN, LISI AEROSPACE, LE PISTON FRANÇAIS, DAHER, SOURIAU, RATIER FIGEAC, EATON, AEROLIA, LES ATELIERS DE LA HAUTE GARONNE, ALCOA, etc.

Off Shoring

The offshoring sector is a promising sector for the national economy because of its potential for job creation for young people and its contribution to the country's trade balance.

The activities of the offshoring mainly concern two domains:
The BPO (Business Process Outsourcing) domain, which includes general business activities/ functions, customer relationship management activities and specific business activities

The Information Technology Outsourcing (ITO) domain, which includes infrastructure management activities, software development activities and application maintenance activities.

Morocco was voted best offshoring destination for 2012 by the European Outsourcing Association (EOA). By 2020, the objective set by the Industrial Acceleration Plan (IPA) is to reach a GDP of 16 billion dirhams and 100,000 jobs.

Agriculture and Fishery

The agricultural sector contributes with 19% to the national GDP, divided between agriculture (15%) and agro-industry (4%). This sector employs over 4 million people including about 100,000 in agro-industry.

The new agricultural strategy, Green Morocco Plan, established by the Ministry of Agriculture and Fishing, aims to consolidate the success achieved and to meet new challenges facing Morocco's competitiveness and opening of markets.

The fishing sector in Morocco has developed an integrated, ambitious and comprehensive development in 2020 called "Halieutis. It aims at upgrading and modernization of various sectors of the fishing industry and improve its competitiveness and performance.

The grand strategy of sector development means build the sector into a genuine development opportunity in the Kingdom, and is basedon three main axes declined as projects: Sustainable use of resources and promotion of responsible fishing involving fishermen also considered as major players in sector development.

Textile

The textile sector represents a strategic sector within the national industrial activity through its contribution to the sector's aggregates (27% of jobs and 7% of industrial value added). In the context of the economic crisis affecting its main partners particularly Spain and France, which absorb nearly 60% of the sector's exports), the textile industry has shown resilience.

In order to take better advantage of its potential and establish a sustainable growth, the State has developed a global vision, integrating both export and domestic market, an objective pursued within the framework of the Industrial Acceleration Plan 2014-2020.

Leather

The Moroccan leather industry covers a wide range of activities. It is composed of an exporting base tannery branch, but mainly working for the needs of the local market, leather goods and clothing, as well as a shoe sector oriented almost exclusively to export.

Considered to be a historical sector rooted in Moroccan culture, the leather sector continues to represent one of the sectors with high export potential for the Moroccan industry. Differentiation and upgrading, co-contracting and the added-added finished product, innovation and creativity, responsiveness and service, constitute the framework on which the current and future strategy of the Moroccan leather sector.

Tourism

Morocco's many strengths and potential have enabled it to become a popular tourist destination. With its varied and varied landscapes (3,500 km of coastline, mountains, deserts ...), a rich cultural heritage (imperial cities, medinas, gastronomy and crafts), Morocco is a unique and diversified tourist experience with only two and a half hours flight from the main cities European.

Between 2005 and 2009, the number of tourists who visited Morocco rose from 5.8 to 8.3 million, and the amounts of foreign direct investment departed the 30 billion DH over the same period. In 2009, Morocco was the only country in the Mediterranean region that grew by more than 6% when the world market fell by 5%.

The new sectoral strategy, Vision 2020, aims to consolidate tourism in its role as a driving force for Morocco's economic, social and cultural development, and to make Morocco one of the world's top 20 tourist destinations by 2020, imposing as a reference destination in terms of sustainable development on the Mediterranean rim.

Renewable Energy

Within the framework of its energy strategy, Morocco gives priority to the development of renewable energies and sustainable development. With plentiful solar resources (a potential of 2,600 kWh / m² / year) and a strategic position at the heart of an energy hub (Connecting to the Spanish electricity grid via two 400kV / 700 MW lines), Morocco offers several opportunities Of investments in the solar thermal and photovoltaic sector.

As part of its energy strategy, Morocco is committed to an extensive wind energy program to support the development of renewable energies and energy efficiency in the country. The Moroccan Integrated Wind Energy Project, spanning a period of 10 years for a total investment estimated at 31.5 billion dirhams, will enable the country to increase the installed electrical power, of wind origin, by 280 MW In 2010 to 2000 MW by 2020.

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