imported 2024-03-17 17:43:08
Mr. Horani assesses Moroccan economy and gives his recommendation to the foreign investors. Strategically, the choice of Morocco for the foreign investment can be resumed in 2 points: The first one consists in creating a production platform and the second one consists in creating exports platform.
To reduce dependency on foreign sources of energy (95% of energy is imported), the government has come up with a strategic plan to invest in renewables, especially in solar and wind energy. By 2012, Morocco is aiming to produce 20% of electricity generated from renewable sources and by 2020 renewable energy will represent 42%.
Morocco Top Financial Institutions
Bourse de Casablanca Caisse de Dépôt et de Gestion du Maroc RMA Watanya SOFAC (Société de Financement d’Achat à Crédit)
The overall Jordanian economy has been marked by the following characteristics, challenges, and problems.
Jordan’s economy has had robust growth of 6%-7% every year since 2000, with highs of 8% in 2004, and 7.8% in 2008. While the world financial crisis slowed growth to 2.8% in 2009, it but did not stop it.
Aqaba Development Corporation is to develop Aqaba Free Economic Zone, a multi-sector development zone, that has already attracted number of mega real estate and tourism investments into this business and tourism hub on the Red Sea.
Saraya Aqaba is a mixed-use resort that has five hotels along with a water park, a sports center, retail, a beach club with an amphitheater for concerts, as well as children’s entertainment. Discover Saraya Aqaba resort on the Red Sea and its strategy.
Video Interview with Ziad Jaber, Chairman of Tala Bay, a $500 million resort community with 2 km of beach front, a manmade lagoon and a beach club among others.
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.
I am also looking at turning Mawared into more of a commercial entity, so profits and loss will be very much clear.
