The Moroccan economy is set to receive a boost with new foreign direct investments in the automotive and green hydrogen sectors. According to the economic and financial report linked to the 2025 Finance Bill, Chinese company Gotion plans to invest $6.4 billion in building an electric vehicle battery factory.
Moreover, Morocco is witnessing increased interest in green hydrogen projects following the implementation of ‘Morocco’s Offer’ in March 2024. Despite a 52% decrease in foreign direct investment inflows in 2023, there has been a positive trend in 2024, with a 55.1% increase in net investment inflows during the first eight months.
The top foreign investors in Morocco in 2023 were France, the United Arab Emirates, the United Kingdom, and Spain, while the industry and real estate sectors attracted the most investment. With a promising outlook, Morocco is gearing up to capitalize on these investments to drive economic growth and development.