El Jadida- Head of government, Abdelilah Benkirane said despite the impact of the global economic crisis, Morocco's economic appeal was strengthened thanks to the increase by 24% in foreign investment in 2013.
In a speech given on his behalf by minister of state, Abdellah Baha at the opening of the 3rd Arabs Business Forum, held Monday in El-Jadida, the head of government said that over 20 billion dollars in the form of foreign direct investment have flocked into the Kingdom in 2013, making Morocco the second FDI recipient in Africa.
He said the significant FDI input is due to the reforms undertaken by Morocco to strengthen the resilience of its economy, noting that these reforms have been described as exemplary by several specialized international institutions.
Benkirane said the Moroccan government is firmly resolute in continuing the development process in the context of the major structural projects launched in all the sectors of the national economy, with a special attention of improving the business climate, restoring the economic macro-equilibrium, and the efficient use of the assets of a number of promising economic sectors.