Moroccan nearshoring aims hinge on targeted investment
Significance The kingdom offers better infrastructure and a more inviting regulatory environment than some of its neighbours, but also suffers from skills shortages and major challenges in ensuring that the benefits of economic growth are evenly distributed. Impacts The focus will be on existing strengths like automotive and textiles, while expanding the digital sector remains a more distant aspiration. Fears of exclusion from Europe’s strategic sphere may help spur compromise in stuttering talks on a deeper free trade agreement. The pandemic could prompt the kingdom to devote more attention to building a truly indigenous industrial and knowledge base. A national development model, established in January, may help redress some imbalances in the distribution of economic benefits.