Morocco’s Foreign Direct Investment Surges 16.9% in First Eight Months of Year

As of the end of August, the kingdom attracted a net FDI flow of 12.56 billion dirhams, according to the Foreign Exchange Office in its latest note. This represents a 16.9% increase compared to the same period a year earlier.

This development is attributable to the 16% increase in receipts (19.98 billion dirhams), more significant than the 14.6% increase in expenditures to 7.42 billion dirhams for the period concerned, the Office specifies.

Moreover, Moroccan direct investment abroad (MDIA) amounted to 12.20 billion dirhams at the end of August 2021. With an increase of nearly 6.94 billion dirhams compared to 2020, MDIA recorded the highest level reached during the same period over the last five years.

This increase remains slightly lower than that of the divestments of these investments (+7.40 billion dirhams), thus causing the net flow of MDIA to decrease by 16.4%, the Foreign Exchange Office also notes.