Investment funds: Morocco outperforms in the MENA region

Investment funds: Morocco outperforms in the MENA region

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The Moroccan Association of Capital Investors (AMIC) has released its annual survey on capital investments in Morocco, which traces the activity, growth and performance of the year 2013.

At the international level, 2013 is the step out from the crisis year. However, unlike the United States and Europe, emerging countries on the other hand; such as china, have had a standing out performance. “Morocco, with a growth rate estimated at 4 %, has made a good year too. While in Morocco, Masi index lost a lot in 2011, it managed to slow down the decline in 2013”, said Stephanie Billiards, manager at the Grant Thornton Fidaroc firm.

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In terms of value, the year 2013 has ended with 4.2 MMDH. ” Three quarters of investments were made in developing companies, where the industrial sector represents 45 % of investments made since 2011″ .

Geographically speaking, the cities of Casablanca , Tangier and Rabat recorded the highest scores in terms of the totally invested budgets. Also, 2013 shows that, in accordance with the government policies, other previously considered as minor investment attracting cities, have recorded positive results.

2014 forecasts, logically consider the same results as 2013. “Sure, new investment funds will be noticed in Morocco” said the spokesman of the Fidaroc Grant Thornton firm.

The Moroccan Times.