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MOROCCO GOVERNMENT BOOSTS COUNTRY'S INVESTMENT PROSPECTS

Wednesday, 20 Feb 2008


The investment potential of Morocco is currently being enhanced by government reforms, according to experts.

Morocco government boosts country Amberlamb stated that authorities in the north African country were aiming to make the economy more diverse and less reliant on sectors such as agriculture.

The organisation said adverse weather conditions had negatively affected on this industry last year, hitting the overall performance of the economy.

This was cited as one of the reasons for the government's drive to develop its tourist market, as this can make economic growth more sustainable and robust.

Amberlamb commented: "There is massive potential for Morocco to thrive and develop and economically prosper over the medium to much longer term."

The organisation added that the country offered "excellent fundamentals" to overseas property investors.

Morocco attracted 7.4 million leisure travellers from other countries last year.

However, the government has pledged to boost this figure to ten million by 2010.

Property Select offers a comprehensive selection of overseas property in Morocco, news, members club and reviews of the latest property developments.


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