During the first six months of 2022, Morocco received 6.3 billion dirhams (MMDH), or $578 million, in investments from the United States, compared to 5.6 billion dirhams (513.7 million dollars) from France.
After being the main foreign investor in Morocco for more than a decade, France is currently in second place. The United States will be the first foreign investor in the Kingdom's economy during the first half of 2022.
According to the Foreign Exchange Office (OC), Morocco received MAD 6.3 billion ($578 million) in US investments in the first half of 2022, compared to MAD 5.6 billion ($513.7 million) from France.
According to OE data, US foreign direct investment (FDI) in Morocco has increased steadily over the past decade, from MAD 1.5 billion ($214 million at the time) in late 2007 to MAD 6.3 billion. MAD ($578 million) in the first decade alone. half of 2022.
The industry obtained the largest foreign investment, with more than 10 billion MAD (917.4 million dollars). The real estate industry came in second place, raising MAD3.1 billion ($284.4 million) in investment.
Morocco's de facto trade relationship has historically been with France, with the EU currently being the North African country's main trading partner. However, Morocco has recently worked hard to expand its international partner base.
Morocco will launch its investment brand, “Morocco Now”, at Expo Dubai in 2020. The brand has now been launched to attract new investors in numerous nations, including the United Kingdom, India and Japan.