The Report: Morocco 2015

Download or read book The Report: Morocco 2015 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-10-09 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Morocco’s economy is well diversified, particularly relative to many countries in the MENA region. Tourism is a substantial contributor, generating nearly $6bn (€5.4bn) in annual revenues, as is the agricultural sector, which can be susceptible to variations in rainfall. Manufacturing industries include textiles, automotive and aeronautics, while recent years have seen the expansion of the ICT sector, particularly outsourcing. Investment in ports, transport and industrial infrastructure, and the establishment of a free trade zone, have boosted competitiveness and left the kingdom well-positioned to act a transport hub and business broker across many African markets.