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Course contents (Muslims Countries)
- Introduction
- The economy of Morocco
- Mains sectors
- International Trade of Morocco
- Invest in
Morocco.
Available Languages :
Learning Unit Summary
The economic and social development which has been taking place in
Morocco during the last decades allowed to set up the basic infrastructures
of the national economy and answer the socio-educational needs of the
population. Several sectors grew considerably such as tourism, industry,
fishing, water, housing, etc …
This development brought about an increasing exploitation of natural
resources and a degradation of the environment due to the emission of
liquid, gas and solid discharges in the absence of technical and statutory
measures which can face this degradation (the cost of the environment
degradation exceeded 8 % of the GDP.
According to the results of the general population and housing census
which was carried out between September 2nd and 20th, 2004, the population
of Morocco reached 29.891.708 inhabitants, including 29.840.273 Moroccans
and 51.435 foreigners. That is to say a 14,6 % progress in comparison to
1994. Regardless of its geographic localization on the national territory,
the population comprises 16.463.634 city-dwellers against 13.428.074
countrymen, i.e. an urbanization rate amounting to 55,1 %. The annual
average rate of demographic growth is 1,4 % against 2,1 % between 1982 and
1994.Around the third of the population is concentrated in the regions of
the Great Casablanca (3,6 million),
The biggest incentive for businesses hoping to invest in Morocco is the 2004
Morocco - U.S. Free Trade Agreement, a measure that offers American exporters
greater access to Moroccan markets, and gives U.S. businesses based in Morocco
virtually unlimited access to markets in Europe, North
Africa, the Middle East,
and Turkey.
In the early 1980s, the government began an ambitious privatization program that
called for the sale of many state-run enterprises, including portions of the
energy sector. The 1989 Privatization Law accelerated the sale of state-owned
sectors; to date, the sales push has resulted in the commercial acquisition of
114 companies.
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