Morocco’s Economic Boom: Port Expansion and Infrastructure Investments Drive Growth

– bySylvanus@Bladi · 2 min read
Morocco's Economic Boom: Port Expansion and Infrastructure Investments Drive Growth

In one of its recent publications, the Australian news site, The Vibe, has highlighted and also hailed the spectacular economic progress that Morocco has recorded in recent decades, through its astronomical investments in its industrial and transport infrastructure.

"The recent expansion of the Tanger-Med Port, the largest in the Mediterranean region, as well as the launch of the high-speed train and the realization of the objectives of the sectoral strategies, testify to the spectacular progress of the Kingdom on the economic level over the past decades," observed the news site, relayed by the MAP.

For the media, the Kingdom has managed to position itself as the privileged gateway to Africa, by increasing its investments in its ports, industrial and transport infrastructure. And to recall that Morocco ranks third in the MENA region and first in North Africa in terms of trade.

In addition, the site indicates that Morocco has become a hub in the automotive industry. Today, the leading automotive manufacturer in Africa and the Middle East, the Kingdom has set itself the goal of producing one million vehicles by 2025.

In the field of culture, "Morocco, a country rich in its cultural heritage, has built its identity based on several principles founded on cultural, social and spiritual coexistence". To this end, The vibe noted that the Kingdom, which shows a real commitment to the protection of the universal values of human rights, has, in addition to the enhancement of its intangible wealth, managed to integrate different cultures and origins.