Morocco’s Automotive Industry Booms, Driving Export Growth Despite Global Slowdown
Despite the slowdown in the global market, Morocco has managed to integrate the automotive industry value chain through the expansion of its trade, making it an example. This is at least what the 2020 Arab Sustainable Development Report indicates.
Published by the United Nations bodies operating in the region, in particular the Economic and Social Commission for Western Asia (ESCWA), this report entitled "Prosperity of Countries and Human Development" indicates that Morocco has worked to diversify the sources of growth through the development of the automotive industry, by launching the Renault plant in Tangier in 2012.
Thus, the Moroccan automotive industry has grown by 20% per year and is now a driver of growth in Moroccan exports, the document states, estimating that the start of production at the Peugeot-Citroën plant in Kenitra is likely to reinforce the efforts of the kingdom in the automotive industry sector.
Regarding the use of modern technologies in the Arab world, the report states that Morocco, alongside a few states in the region, has taken remarkable initiatives. The kingdom has focused on the spread of the consumption model among the population who use technologies and products without manufacturing or adapting them to their own needs, it is explained.
The report also specifies that Morocco is part of the small group of countries that have ensured the right of access to information as a fundamental right. On the social side, the mortality rates of women, particularly in rural areas, have dropped considerably.
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