Highlights
[The review is only available in French] The IPR noted that Morocco had the potential to attract increased FDI and FDI of a high quality, in order to meet the development objective of the Plan Emergence of moving into high value added activities. In addition, implementation of an investment charter and a number of reforms in the 1990s, as well as the privatization programme had contributed to bringing FDI to the country. However, the IPR noted that little of Morocco´s FDI performance could be ascribed to the presence of a concerted FDI promotion and targeting strategy or effort.
The IPR recommended the following:
- To pursue the modernization of the regulatory framework.
- To strengthen the institutional framework.
- To develop a proactive investment strategy in order to increase inflows and encourage reinvestment.
- To strengthen Morocco´s national innovation system.
Follow-up activities
Following the completion of the IPR, UNCTAD has assisted the Government in a number of ways:
- It carried out a training on the methodology to collect and analyze FDI statistics, including support in the preparation of a national investment survey;
- It assisted the Government in the drafting of a new Investment Code.
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