Morocco Ranks 16th Among Top Emerging Markets for Foreign Investment, Report Finds

– bySaid@Bladi · 1 min read
Morocco Ranks 16th Among Top Emerging Markets for Foreign Investment, Report Finds

Morocco is emerging as one of the most sought-after destinations for investors, according to the Foreign Direct Investment Confidence Index 2023 (FDICI) report published by the strategic consulting firm A.T. Kearney. Thus, the Kingdom ranks 16th among the most attractive emerging countries for investments, thus surpassing South Africa (17th), and placing itself behind Egypt (14th).

In its report, A.T. Kearney highlights the optimism of investors despite risks related to rising commodity prices and heightened geopolitical tensions. According to the consulting firm, the top three positions in the ranking of emerging countries go to China, India and the United Arab Emirates. On the other hand, the United States, Canada and Japan occupy the top three ranks in the category of developed countries.

The report also indicates that more than three-quarters of investors (82%) said they planned to increase their FDI over the next three years, while 87% cited FDI as the most important means to improve the profitability and competitiveness of their business.

Investors’ prospects for the global economy were generally aligned with last year’s results. While pessimism levels have risen slightly, from 32% to 35%, nearly two-thirds of investors (63%) remained more optimistic about the health of the global economy, the same level as in 2022.