Since the outset of this year, small French and Spanish firms have raided the Moroccan market. This trend was recently confirmed by the French Chamber of Commerce and Industry in Morocco (CFCIM).
So far this year, 1,100 companies established branches in the Moroccan market, nearly 1,050 of them are SMEs. Hatim Benjelloun, CEO of the Public Service and Affairs (PAS) explained that this trend was boosted by the European crisis as well as by the attractiveness of the Moroccan market. According to him, has emerged as a safe haven amid the global economic crisis.
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www.albawaba.com/business/morocco-offers-benefits-foreign-firms-405711
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