M. Farrugia
Atlantic Free Zone - Manager of the company in charge of the Project
Date : 11/25/2010
Wishing to strengthen its industrial and logistics business, Edonia World expressed to Moroccan authorities its interest to invest in Morocco 3 years ago.
Several factors favored the choice of Morocco as a host investment country:
Kingdom’s modernity, its stability and proper functioning of administrations: Morocco has macroeconomic assets to attract investors as well as effective administrations able to carry out complex projects
Cost of labor in Morocco: the cost is low with a stable trend (around 2 to 3%) in recent years in comparison with other emerging countries in Europe
Location of the Kingdom and its proximity to Europe: enabling a significant reduction in transport costs and delivery times compared with other emerging countries
Support of and leadership of public authorities since the beginning of the project (detailed below)
Infrastructure development of the kingdom, with highways connecting the north and south of the country and a very important port in Tangier, Morocco has developed in recent years the infrastructure linking Kenitra to Europe and the rest of the Kingdom
Taxation: by designating the project as Free Zone, the Kingdom has increased its attractiveness by providing tax and customs advantages to companies established in the zone
See also
Anwar Dehab
Dell Maroc - Former Head
Jacques Chauvet
RENAULT - Leader of the Management Committee of the Euromed Region