فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
Morocco continues to solidify its position as a regional player in international cooperation by strengthening economic partnerships with various countries and global organizations. These partnerships aim to achieve sustainable economic growth and comprehensive development. They serve as a cornerstone of the Kingdom’s strategy to attract foreign investments, develop infrastructure, and enhance economic competitiveness.
According to World Bank data from 2023, Morocco has maintained its investment appeal thanks to its political stability and the launch of several structural reforms. This has made the country a preferred destination for international investors, particularly in sectors such as renewable energy, industry, and logistics. A report by the Organisation for Economic Co-operation and Development (OECD) also praised the pivotal role of Morocco’s international agreements in modernizing its national economy and enhancing its resilience to crises.
Renewable energy is among the most prominent sectors benefiting from these partnerships. Morocco has successfully developed major solar and wind energy projects in collaboration with countries such as Germany, which has supported the Kingdom’s initiatives in producing green hydrogen. Additionally, the United States Agency for International Development (USAID), through the “Power Africa” program, contributes to financing and developing electric infrastructure projects.
Beyond the economic dimension, international partnerships also contribute to strengthening human and institutional capacities. Cooperation programs with the European Union and various Asian countries aim to transfer expertise, support higher education, develop vocational training, and modernize Moroccan public administration.
Despite the advantages brought by these partnerships, international reports—including those from the International Monetary Fund—warn of the risks associated with overreliance on foreign partners. These reports stress the need to support the local economic fabric, particularly small and medium-sized enterprises (SMEs), to ensure balanced and inclusive development.
In light of these factors, international partnerships emerge as a central component of Morocco’s economic vision, which is based on diversifying sources of growth and increasing openness to the global economy, while striving to strike a balance between leveraging external support and developing national self-reliance.
Source: Fes News Media
