فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
Amid the economic transformations underway in Morocco, the private sector has emerged as a key driver of both economic and social development—contributing to wealth creation, job opportunities, innovation, and promoting social equity through citizenship and corporate social responsibility (CSR) initiatives.
According to a World Bank report, Morocco’s private sector contributes over 90% of the country’s GDP and generates nearly 80% of jobs, making it a cornerstone of any sustainable development model. The report emphasizes that encouraging private investment—particularly in technology, industry, and services—is essential for achieving inclusive growth in the Kingdom.
In the same vein, the International Monetary Fund (IMF) noted in its latest report that “Morocco has successfully laid strong foundations for improving the business climate,” highlighting key structural reforms, notably the new Investment Charter that came into effect in 2023. This charter aims to stimulate productive investments and reduce regional disparities.
Experts also agree that the private sector is increasingly playing a social role by helping to reduce unemployment, supporting vocational training, and participating in regional development programs, especially in rural and peri-urban areas.
In a press statement, economist Ahmed Chami explained that “the Moroccan private sector has become a true partner in shaping the path of development—not only through investments, but also through its involvement in CSR initiatives such as funding education, supporting startups, and empowering youth.”
This role has been further strengthened by the emergence of major national companies—particularly in telecommunications, energy, and construction—that have been involved in strategic projects such as the Industrial Acceleration Plan, the energy transition, and large-scale infrastructure development.
Furthermore, the Organisation for Economic Co-operation and Development (OECD), in its 2024 report, affirms that “Morocco’s new development model places the private sector at the heart of its priorities—as a driver of a green, inclusive, and innovation-based economy.”
Nonetheless, the greatest challenge, according to specialists, remains ensuring greater synergy between the public and private sectors, and expanding the base of small and medium-sized enterprises (SMEs), which form the backbone of the national economy.
Source: Fes News Media
