Morocco Sees 15% Increase In Foreign Direct Investments

Morocco Sees 15% Increase In Foreign Direct Investments

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Townsville, Australia (TMT)- Morocco saw a sharp increase in the flow of foreign direct investment (FDI) for the first half 2015 compared to figures from 2014.

For the period extending from January 2015 to the end of July 2015, an increase of 14.7% was witnessed compared to numbers from the same period one year before.

Namely the percentage represents a jump from DH 13.9 billion to 15.9 billion.

On the other hand, tourism receipts did decline compared to figures from last year. The decline floats around -3.1%.

Remittances from Moroccans living abroad–same period– have increased to DH 35.2 billion, against DH 33.3 billion last year.

The Moroccan Times.