Belgian Business Actors Discuss Morocco's Investment Climate
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Loading... - Pipsa Autio
- 06 May 2022
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Morocco’s economic attractiveness and business-friendly environment were at the center of a meeting held Wednesday in the city of Spa, in eastern Belgium.
Themed “Morocco: a country on the move,” the meeting brought together Belgian businessmen who focused on the kingdom’s stability for business development, as well as the political and economics adopted in the aftermath of its independence.
Initiated by the Spa Waux-Hall Club, the attendees highlighted Morocco’s resilience in the face of upheavals that have shaken the region, and its significant growth in different sectors such as automotive, aeronautics, and renewable energies.
The Spa Waux-Hall Club is a business-oriented association made up of hundreds of Belgian business leaders operating in many fields.
The speakers stressed that the kingdom’s innovative partnerships on the continental level enabled it to become a key player in Africa and a trade hub with Europe.
“We are impressed by the prowess with which Morocco has ensured excellent governance, but also promoted economic development,” said the president of the Spa Waux-Hall Club, Philippe Suinen.
Moroccan Ambassador to Belgium and Luxembourg Mohamed Ameur said the major reforms that have been undertaken by king Mohammed VI in the last two decades increasingly contributed to the country’s attractiveness and competitiveness.
Morocco is also doing remarkable work in the field of sustainable development, Ambassador Ameur noted.
The Moroccan diplomat highlighted that European countries, which are now called upon to invest more in renewable energy in the wake of the global energy crisis, can count on Morocco's potential and know-how in this field.
Of Morocco’s effective response to the COVID-19 crisis, the ambassador stressed that the aftermath of COVID-19 would bring several opportunities for Morocco and Europe, which seeks to reduce its dependence on Asia and aims to turn to the Kingdom to ensure its repositioning.
“Morocco, which has always been a platform for the exchange and trade between the south and the north, east and west, also offers huge opportunities for European investors to develop new schemes of tripartite cooperation thanks to the Kingdom's notable presence in Africa,” Ameur said. Read More...
