London hosts Conference on Moroccan investment opportunities

The first conference on investment opportunities in Morocco is opened in London with the participation of a large Moroccan Ministerial delegation.

According to MAP news agency reports, The London conference, titled “the annual conference on investment in Morocco 2009: opportunities for growth and progress”, is initiated by the Moroccan embassy in London and the Lord Mayor of the city of London. It is due to examine a number of issues which highlight Morocco’s efforts to ensure sustained growth amidst a global economic crisis and will tackle such themes as economic growth, Morocco’s position in the region a the advances made in terms of energy.

The Moroccan delegation includes Morocco’s ambassador to the United Kingdom, Chrifa Lalla Joumala Alaoui, several government members and economic professionals. On the British side, Minister of State for Trade, Investment and Small Businesses, Lord Davies of Abersoch, Lord Mayor of the City of London, Alderman Ian Luder, Chief Executive of International Financial Services London, Sir Stephen Wright and Baroness Symons of Vernham Dean, former Minister of State for the Middle East and North Africa.

For his part, Taïb Fassi Fihri, Morocco’s Foreign Minister said in a statement released by the Moroccan embassy in London that “As constitutional monarchies, our two countries share a longstanding history of peace and common objectives”. In good news that reassure British investors looking to invest in morocco, He added that Morocco continues to upgrade its economic infrastructure, encourage new businesses, consolidate its economic relations, and enrich our friendship ties with the countries like the UK.

Meanwhile, The German Chamber of Commerce and Industry will organize a business trip to Morocco on November 18-21 to explore investment opportunities in the car industry, reported Morocco’s L’Economiste daily.

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