Haytham Eissa, the European Bank for Reconstruction and Development (EBRD) Director for Morocco, praised the country’s impressive progress in various sectors.
“Morocco has made significant strides, particularly in developing world-class infrastructure, accelerating its shift to renewable energy, enhancing financial inclusion, and strengthening its institutional framework,” Eissa said in an interview with MAP during the “Women in Business: Breaking Barriers for Women Entrepreneurs – A €1 Billion Impact” conference held in Casablanca on Wednesday.
Eissa highlighted that the EBRD views Morocco’s transformation as a clear reflection of the country’s long-term vision, strategic leadership, and unwavering commitment to sustainable development, with climate action being central to this approach.
He further emphasized that Morocco has positioned itself as a regional leader in the green transition, setting ambitious goals and implementing concrete measures to decarbonize its economy.
The EBRD official also praised Morocco for its reputation as a leading reformer in North Africa, attracting substantial foreign direct investment (FDI) and funding for its export-driven industries.
“The Kingdom’s success in becoming a major hub for automobile production is often cited as a best practice in our flagship reports,” he noted.
Eissa also commended the resilience of Morocco’s economy amid global challenges, highlighting the role of the country’s sound policies in maintaining macroeconomic stability.
“Despite the impact of drought on agriculture, Morocco’s economy has shown remarkable diversification, with the manufacturing sector remaining resilient,” he observed. He projected that the country’s growth rate, currently around 3%, is expected to rise further, driven by strong public investment, increasing exports, and vibrant private sector activity.