Morocco Poised to Become Key Industrial Hub for Europe Post-Pandemic

Morocco has enormous assets and has reaped enough of them from its management of the covid-19 crisis. Today, learning from the health crisis, Europe wants more than ever to reduce its dependence on Asia. And Morocco could be a privileged destination. The idea does not displease the leaders of Moroccan industry. "With only 14 km of sea separating it from Spain, the kingdom sees itself becoming an industrial rear base for Europe," writes the newspaper in an article published in its "Africa" section, under the title "Morocco dreams of becoming an industrial hub at the gates of Europe," writes the MAP.

The newspaper is based on the statements of the Moroccan economist, Najib Akesbi, who stressed a few days ago that "Europe cannot relocate everything. But relocation in the Europe-Mediterranean region would be a good compromise between the low costs of remoteness and the very high ones of total proximity". An opportunity for "Rabat, which has been trying for several years to attract major international industrialists, with successes in aeronautics and automotive".

The daily insists that Morocco, with some sixty free trade agreements with Europe and the United States, "has assets to showcase to seduce foreign operators". For the French media, "the positioning of the kingdom allows it to shorten logistics circuits with the European Union and reduce its carbon footprint". We must also add to all this the potential for scientific and technical innovation that Morocco has shown in the fight against the covid-19 pandemic.

The newspaper was also seduced by the reaction of the Moroccan authorities to the health crisis, noting that "while its European neighbors, France in the lead, were faced with shortages of masks, dozens of Moroccan textile factories converted, as early as March, to the manufacture of more than ten million units per day, sold at only 7 cents of an euro per piece, part of which is now exported".

So many potentials for which "major bosses are already talking about contracts with Europe in electronics, biomedical engineering or even the pharmaceutical industry," the same source specifies.