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OECD Investment Policy Reviews: Morocco 2010

image of OECD Investment Policy Reviews: Morocco 2010

This Investment Policy Review examines Morocco’s achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.

In recognition of its progress in pursuing investment policy reforms and improving the business climate, Morocco became in November 2009 the 42nd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Morocco commits to providing national treatment to foreign investors and to promoting responsible business conduct. In turn, the country benefits from similar assurance from other adherents to treat Moroccan investors abroad fairly.

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The Role of Foreign Direct Investment in Morocco's Economic Development

Until recently, foreign direct investment (FDI) in Morocco was growing significantly, reflecting the country’s solid economic performance and its ambitious privatisation programme. As a result, FDI has taken a greater role in the domestic economy and its geographical and sectoral structures have diversified. Faced with world economic crisis, Morocco has, however, seen its FDI inflows shrinking in 2008-2009. The entry of foreign investors has a positive impact on employment and labour skills and facilitates the expansion and internationalisation of Moroccan enterprises in which foreigners have shareholding interests.

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