With steady and determined steps, Morocco is marching towards realizing its dream of hosting the 2030 FIFA World Cup, in partnership with Spain and Portugal, through a strong bid file aimed at achieving significant economic, tourism, and marketing gains for the kingdom.
According to projections, this global event is expected to generate substantial financial returns for Morocco’s treasury, amounting to approximately $1.2 billion, in addition to multiple benefits including creating new job opportunities for youth, boosting the tourism sector, stimulating investments, and enhancing infrastructure.
These positive expectations are further reinforced by Qatar’s resounding success in organizing the 2022 World Cup, where its financial revenues reached $17 billion, in addition to the indirect gains of enhancing its image as a leading cultural and civilizational hub.
Infrastructure Rehabilitation and Job Creation
Experts affirm that executing large-scale infrastructure projects, including stadiums, hotels, sports facilities, and tourist attractions, will open new horizons for youth employment in diverse fields, while also contributing to the overall economic growth, leading to the creation of more indirect job opportunities.
Economic expert Mohamed Jeddri states that Morocco’s hosting of the World Cup will benefit the kingdom before, during, and after this global event, as it will work with its partners to launch a series of investments in infrastructure, transportation, and hospitality, which will create numerous job opportunities.
Jeddri points out that the main challenge lies in completing all these projects by 2028 or 2029 at the latest, as the World Cup year will present an opportunity for companies to generate more jobs across various event-related sectors.
International Spotlight for the Kingdom
The expert anticipates that hosting the World Cup will have a positive impact on Morocco’s tourism sector, as many visitors will be eager to explore the country after this global event, which in turn will reflect on creating more employment opportunities.
Jeddri considers hosting the World Cup a genuine opportunity for an economic takeoff for Morocco, especially in light of the goal of raising the gross domestic product to $260 billion by 2035.