Morocco 3rd best FDI destination in Africa

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Morocco 3rd best FDI destination in Africa

Tuesday, 18 August 2009

(Audio Article)

Morocco was ranked the third best destination for foreign direct investment (FDI) in the African continent for the 2009-2010 fiscal year, behind South Africa and Egypt, according to a recent report by FDI Intelligence. The study considered numerous criteria for making such a rank, including infrastructures, local strategies for encouraging FDI, the economic potential, human resources, living standards and market openness.

The report, titled "African Countries of the Future 2009-2010", was developed by a panel of independent experts, ranking 59 African countries according to the results from the above criteria.

The FDI Intelligence is a specialist division from the Financial Times Ltd that provides products, services and business tools that allow companies and economic development organizations to make informed decisions regarding foreign direct investment.

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lami	\|2009-12-27 15:42:11

That is not suprising at all ! being aware of the development made in all the
departments inside the country I expected to see the FDI rank overpassing the
one made in Egypt

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