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Doing business in Morocco
28 January 2015
GRTU CEO Abigail Psaila Mamo has last week had a very interesting meeting with the new Ambassador to the Kingdom of Morocco, H.E. Tarcisio Zammit. Together GRTU and the Ambassador explored possibilities of business cooperation between the countries. This comes at a very timely moment as Morocco, as a country in north Africa, is very stable and prospering.
The areas identified as promising were:
- Tourism: Morocco has a very strong tourism sector and since Malta was exploring the possibilities of alternative destinations Marocco could be one of them. At the moment Malta and Morocco do not have a direct link.
- Renewable Energy: The country is being given a significant amount of funds to invest in solar energy and desalination and this could be very interesting to our RES enterprises to create partnerships and Morocco has the space we are lacking in Malta.
- Infrastructure and Construction: Morocco is currently undergoing constant restructuring and construction works to develop its infrastructure and increase the standard of living. This can also be very interesting to our contractors and developers.
- Libya: The issue of Libya was discussed and Morocco could also be seen as an interesting country to explore for the businesses that had to pull out of Libya and until things stabilize they are also looking into other alternatives.
Morocco is rich in resources and has also a strong agriculture, telecoms, IT and textiles sector. It also has very good trade relations with the EU which are set to improve in the coming months.
Members interested to know more about these opportunities or would like to give submit their interest should contact GRTU by email on .
