Morocco's FDI up 20% compared to the same period a year ago

Morocco’s foreign direct investment (FDI) hit a record 16.1 billion dirhams (MAD) by the end of May, which is up almost 20% compared to the same period a year earlier, that’s according to government spokesperson, Mustapha Baitas. This record increase, considered to be the second highest level of FDI in Morocco’s economic  history, has been driven by government reforms undertaken, especially the investment charter and the upbeat business climate.