The Moroccan Golf Investment Forum. Preparation of a renewed strategic partnership
This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press – Economy
The Gulf Cooperation Council Cooperation Chambers Federation declares, in cooperation with the General Secretariat of the Council, the General Union of Moroccan Markets and the Arab Media and Communication Agency, is preparing to organize the fifth edition of the Gulf-Moroccan Investment Forum, during the period of November 3 to 4 of the current year, in the kingdom of Moroccoco, with the vast participation of the government and both sides.
The Forum aims to improve the strategic partnership between the Gulf States and the Kingdom of Morocco, and to extend the horizons of economic and commercial cooperation, by providing a regular space for communication between businessmen and by exploring joint investment opportunities, in a way that improves the presence of the private sector and supports the Gulf of Morocco companies in various sectors.
Experts in economic relations between the two parties consider that the forum represents an important step towards deepening economic integration, taking advantage of the notable developments in commercial exchange and the increase in direct gulf investments in Morocco, in particular in the fields of real estate, tourism, industry and infrastructure.
Specialists also believe that this session is of exceptional importance, in particular in the light of current economic trends and the growing opening of the Moroccan market for international investments, in preparation for the accommodation of the 2030 World Cup and the complete economic reforms that accompany it.
The forum will discuss the most important challenges that hinder the movement of commercial exchange and offers mechanisms to remedy it, in order to increase the level of inter-tapest investment and spouse. The basic axes will include cooperation opportunities in the fields of industry, transport and logistics services, in addition to food security, agriculture and investment in real estate and tourism, taking advantage of the geographic location of Morocco as a portal of European and African markets.
The data issued by the Gulf Statistical Center indicate that the volume of commercial exchange between the Gulf countries and Morocco exceeded $ 3.77 billion at the end of 2023, where the Gulf States export oil and its derivatives, plastics and precious metals.
It should be noted that the last session of the forum was held in Casablanca in 2014, under the high patronage of His Majesty, King Mohammed VI, in the context of support for investment cooperation between the two parties, which makes the following version a pivot event to relaunch this renewed partnership.
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