US Overtakes France as Top Foreign Investor in Morocco, Pumping $761 Million into Economy

American investments accounted for 30% of foreign investments in Morocco in 2022, with projects exceeding 7.4 billion dirhams ($761 million or €684 million). With these figures, the United States has outpaced France, which was the main foreign investor in Morocco with 3.3 billion dirhams ($339 million or €305 million), reports Huffington Post.

In addition to the United States and France, the United Kingdom with 2.9 billion dirhams ($298 million or €268 million), the United Arab Emirates with 2.5 billion dirhams ($257 million or €231 million) and the Netherlands with 1.54 billion dirhams ($154 million or €142 million) are among the largest investors in the kingdom.

These five countries alone account for 80.8% of foreign investments in Morocco. The manufacturing industry (43%), real estate (25%) and finance and insurance (11%) sectors have benefited the most from these investments.