Morocco: Marrakech Hosts First North African Edition of World Investment Conference

Last week, Marrakech welcomed 350 participants from 19 different countries to the World Investment Conference (WIC) North Africa to discuss the opportunities and potential offered to foreign investors by North African economies.

Abdelkader Amara, Morocco's Minister of Trade, Industry, and New Technologies inaugurated the event by stressing the importance of "putting North African countries on the map" for international investors, and mentioned the significant investments made in Morocco by leading companies such as Renault, Safran, and Bombardier. The latter, one of North America's premier specialty aircraft manufacturers, confirmed during the conference its intention to build its own factory near Casablanca, with plans to have a workforce of 850 employees by 2020. It is currently operating in leased facilities in the Free Zone.

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