Referring to the recent signing of a declaration of intent by the Ambassador of Morocco in Warsaw Abderrahim Atmon with two Polish companies specialized in the production of civil and military transport and logistics equipment, the specialized website confirms the favorable climate for investment in The Kingdom of Morocco.
He noted that representatives of the two Polish companies Chimide Polska and Zamet-Glowno, who signed the application, welcomed the opportunities that foreign companies want to invest in Morocco and the Kingdom’s efforts to develop desert areas.
Speaking about his company’s interest in the Sahara, Krzysztof Theodor Pisiadecki of Schmid Polska praised the “climate of stability in the Kingdom, the dynamics of its development and the courageous reforms initiated by His Majesty King Mohammed VI,” he wrote on the website, in which he noted that Morocco enjoys a climate of stability in a regional environment Unstable since the 2011 Arab Spring, he noted that in January last year other Polish investors signed trade agreements to invest in the southern region of Morocco.
The website also highlights the Kingdom’s strategic location and the importance of its “young, dynamic and relatively well-trained population,” adding that Morocco has implemented various development projects in its southern states to increase international interest and investment in the region.
After the United States recognized Morocco’s full and complete sovereignty over the Sahara, the site said that “several international actors have expressed interest” in the region, noting that “several partner countries have expressed their support for Morocco’s plan for autonomy through the establishment of consulates in Dakhla and El-Ayoun.”
Although Poland has only one consulate in Agadir, he noted, “Poland’s renewed interest in the region suggests that this European country may one day support Morocco in its quest for greater international recognition of its territorial sovereignty.”
BiznesPolska notes that Morocco is also trying to reap economic benefits Foreign direct investment in the southern governorates, with foreign investment amounting to 13.8 billion dirhams ($1.56 billion) in the period from January to November 2020.
Finally, despite the negative effects of the COVID-19 pandemic, Morocco continues to welcome new foreign investors. (with map)
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