Morocco Emerges as Key Investment Hub for Japanese Firms in Africa

It is thanks to its many assets that Morocco has been able to attract major investors in economic sectors such as automotive, aeronautics, agri-food or renewable energy, said Rachad Bouhlal, during his participation, by videoconference, in a meeting on "best practices to encourage Japanese investment in Africa." An opportunity for the ambassador to sell the economic assets of his country while outlining the economic relations between Morocco and Japan.

The Moroccan diplomat, who is also president of the Trade and Investment Committee of the African Diplomatic Corps in Japan (TRINVEC), recalled that with more than 75 companies established in Morocco, the Japanese private sector is currently the largest private employer in the country.

During his speech, Rachad Bouhlal stressed that even though Morocco is fighting to attract FDI, Morocco remains faithful to its commitment to South-South cooperation.