Top 10 Impressive Leading Mega Projects In Morocco
Morocco, a North African country bordering the Atlantic Ocean and the Mediterranean Sea, is distinguished by its Berber, Arabian, and European cultural influences. Morocco’s strategic location on the Mediterranean Sea has allowed it to attract foreign investment due to its relatively abundant labor market.
Morocco still faces many issues related to corruption, illiteracy, poverty, and unemployment. Recently, the International Monetary Fund (IMF) approved $3.42 billion to be used for structural reforms to strengthen the economy. Recent developments aimed towards modernizing the country include new advancements in technologies as well as more accessible transportation.
Megaprojects play a special role for Morocco because of their direct influence on the economy of a country, in terms of raising numbers in new jobs, export, financial programs, and strengthening the tourism sector.
Most of the megaprojects in Morocco are financed by investment banks and institutions like the World Bank, the European Investment Bank, and others which lend money for important projects in the energy, water, and transport sectors.
We shall discuss 10 impressive mega projects in Morocco in this video. Before we begin, do well to like the video and subscribe to our channel to get notified when we release new content.
Now, let’s take a look at 10 Impressive Mega Projects in Morocco.
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