Casablanca – Morocco’s ongoing investment in infrastructure, the automotive industry, and energy transition projects is transforming the country into a major player on the global stage. According to a recent report by the Italian Institute for International Political Studies (ISPI), the nation has made significant strides over the past 25 years, positioning itself as a rising economic power in Africa and beyond.

Strategic location fuels Morocco’s growth

One of Morocco’s greatest advantages lies in its strategic geographical location. Positioned at the crossroads of Europe, Africa, and the Americas, the country acts as a vital gateway for trade. With its close proximity to Europe, Morocco enjoys robust trade relations with North and South America, which is further bolstered by its participation in free trade agreements with the European Union and the United States. Additionally, Morocco has deepened its ties with China and sub-Saharan African countries, solidifying its role as a key trade partner.

Infrastructure investment: A key driver of economic growth

The ISPI report highlights the critical role of infrastructure in Morocco’s development. Over the past two decades, Morocco has poured significant resources into modernizing its infrastructure, particularly in the automotive and energy sectors. This transformation is seen as a necessary step for achieving industrial growth and attracting foreign investments.

In a bid to strengthen its economic position, Morocco is set to host the 2030 World Cup in collaboration with Spain and Portugal. To prepare, the country is launching new projects and expanding existing networks. These efforts aim to create a more connected and efficient infrastructure, which will enhance the country’s competitiveness and make it an attractive destination for investors worldwide.

Tangier Med Port: A symbol of Morocco’s ambitions

At the heart of Morocco’s infrastructure development is the Tangier Med Port, a world-class facility that has set record traffic numbers. Last year alone, the port surpassed 10 million containers, reinforcing its status as a key player in global trade. The port is connected to a vast railway network, allowing seamless transportation to major cities across the country. Plans are underway to extend the high-speed rail line to Marrakech by 2029, further enhancing Morocco’s connectivity and facilitating the movement of goods.

Electric vehicles and renewable energy: The green revolution

Morocco is also setting its sights on the future with its ambitious plans for the electric car industry and renewable energy. The country aims to transition towards electric vehicles by producing Moroccan-made cars and attracting major investments in the automotive sector. This green transformation is in line with Morocco’s broader goal of securing energy independence and relying more on renewable sources.

The government’s focus on renewable energy is also reflected in its National Energy Strategy, launched in 2009. With ambitious targets for wind and solar energy, as well as the production of green hydrogen, Morocco is taking bold steps toward a sustainable and secure energy future.

Challenges and the need for innovation

Despite these impressive achievements, Morocco faces significant structural challenges that could hinder its progress. As the report points out, the country must contend with the growing competition from both lower-income and advanced economies. In order to maintain its growth trajectory, Morocco must invest further in innovation and education, ensuring a skilled workforce that can drive future industries.

The ISPI report also stresses the importance of regulatory reforms, particularly in the energy transition sector, to ensure that Morocco remains competitive in a rapidly evolving global economy. The global rise in protectionist policies could pose a threat to Morocco’s open economic model, making it even more crucial to adapt to changing international dynamics.

Morocco’s extensive investments in infrastructure, renewable energy, and the automotive industry are solidifying its position as a rising global economic power. With a strategic location, cutting-edge infrastructure, and a clear vision for a sustainable future, Morocco is poised to continue attracting international investments and maintaining its growth in the years to come. However, addressing structural challenges and regulatory needs will be essential for the country to fully realize its potential and remain competitive on the global stage.