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Morocco, a dynamic market leading the way in North Africa, UK ambassador.

Summary: London - Modern Morocco is an exciting and dynamic market which is leading the way in North Africa with an ambitious liberalisation programme, said UK ambassador to Morocco, Tim Morris.

London - Modern Morocco is an exciting and dynamic market which is leading the way in North Africa with an ambitious liberalisation programme, said UK ambassador to Morocco, Tim Morris.

Morocco is a country on the move with plans to invest Eo3.8 billion in tourism, Eo2 billion in water management and ambitious plans to upgrade its airports and motorways said the diplomat in a story published by the Financial Times.

He also mentioned the major new port Morocco is building on the Mediterranean and the country's efforts to transform Casablanca into a city of the 21st century.

Morris lauded the Moroccan government's determination to succeed and the commitment of its senior business leaders.

Morocco is promoting exports, building links and explaining the development in the economy, he said, insisting that Morocco will, without a doubt, succeed in attracting some big prestige investments as it is already doing in infrastructure and transport.

"Lasting success will be achieved when European and global small and medium enterprises, start-ups and venture capitalists make the contacts, explore the market and see the opportunity," added the ambassador, stressing that for British business, Morocco is a gateway for both the Maghreb, which will have 100 million consumers by 2020, and for West Africa.

Morocco is becoming increasingly integrated with Europe, he noted, inviting UK companies to explore opportunities in this dynamic and modernising market.

Morris further hailed the centuries-old commercial and diplomatic ties between Morocco and the UK, explaining that Britain "is one of Morocco's oldest trading partners with our diplomatic links stretching back seven centuries."

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Publication:Agence Maghreb Arabe Presse (MAP)
Geographic Code:4EUUK
Date:Sep 9, 2010
Words:306
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