We are celebrating today the 20th anniversary of King Mohammed VI’s accession to Morocco. During this period, the country has managed to position itself as a reference in the MENA region and stand out thanks to its political and social stability.
Since 1999, Mohammed VI has led a series of important projects that have promoted economic growth, modernization of the country and the liberalization of its trade. As a result, GDP has increased steadily over the last 20 years.
Similarly, the local economy has been strengthened by international investments in sectors such as tourism, agriculture, renewable energies, aeronautics or the automotive industry, with the presence of large companies such as Siemens, Boeing or Renault.
Since his accession to the throne, Mohammed VI has become the cornerstone of political stability in Morocco, working in a long-term vision and with the ambition to make the country a leader of the African continent.
The arrival of the monarch also favored the development of new infrastructures such as the launch of the Tangier high-speed train in Casablanca or the creation of the largest port complex in Africa, known as Tangier Med.
Projects that marked the reign of Mohammed VI
1.Tanger Med, an economic pillar
At the forefront of these projects, Tangier Med is perhaps the jewel of the reign of Mohammed VI. Considered the largest port in Africa, it is an essential trading area between Europe, Africa and the rest of the world.
This global logistics hub, which includes 750 active companies, has improved the country’s exports and has become a platform for competitiveness of the Moroccan economy.
In fact, the largest project in the country’s history continues to attract foreign capital and is growing year after year. Today, the complex has a total capacity of more than 9 million containers.
2.Tramway to Casablanca and Rabat
The administrative and economic capitals of the Kingdom, Rabat and Casablanca, have transformed during these 20 years to become construction sites where infrastructure projects abound.
Indeed, the tramways of Rabat and Casablanca are among the main projects launched by the monarch and reflect the commitment of the country to modernize its infrastructure.
These infrastructures have largely contributed to improving the quality of life of the inhabitants and the socio-economic development.
3.Noor, the largest solar complex in the world
Noor is the largest solar power station in the world. Launched by the Sovereign in 2016, the solar complex is located in the Ouarzazate region and is part of Morocco’s ambitious strategy to reduce the energy dependence of oil and gas.
Spread over more than 3,000 hectares, Noor Ouarzazate is composed of four solar power plants. The Kingdom’s objectives in this area are very ambitious: to produce 42% of energy from clean energy by 2020 and 52% by 2030.
4.Al Boraq, first high-speed line in Africa
The high-speed line in Morocco was inaugurated in 2018. At present, the new-generation train runs between the two main economic centers of the kingdom, Tangier and Casablanca.
The train can reach a speed of more than 320 km and is part of national rail development efforts aimed at meeting the growing demand for mobility.
As can be seen, since the rise of King Mohammed VI to the throne, the country has completed structural reforms that have led to economic, social and professional development. These changes have allowed Morocco to be considered as an important business center in the region.
Thanks to these continuous transformations, investors and international companies settle in Morocco and benefit from the quality of their services and infrastructures.