Morocco Strengthens Role as Africa Gateway in New Chinese Investment Push
Rabat – Moroccan and Chinese companies signed two significant partnership agreements on Friday in Rabat during a meeting between Morocco's Minister of Industry and Trade, Ryad Mezzour, and a Chinese delegation led by Ye Jianchun, Governor of Jiangxi Province.
The first agreement, signed by Morocco's Cooper Pharma and China's Jemincare Pharmaceutical Group, aims to develop innovative therapeutic solutions, enhance industrial capabilities, and promote technology exchange. The initiative supports Morocco's strategy to boost local pharmaceutical production and strengthen national health sovereignty.
The second partnership involves Bank of Africa and Jiangxi Geo-engineering Investment Group. The agreement reflects China's growing interest in the Moroccan market and highlights a shared ambition to position the kingdom as a strategic gateway for investment across Africa.
Speaking to the press, Mezzour underlined the rapid progress in Moroccan-Chinese economic relations, emphasizing that these partnerships align with Morocco's broader vision to attract Chinese investments and promote sustainable development across Africa. He also stressed that the deals are consistent with King Mohammed VI's directives, particularly those encouraging African solidarity and national health security through local manufacturing of medicines and active pharmaceutical ingredients.
Both Mezzour and Jianchun praised the robust momentum of the Morocco-China economic partnership, citing its expanding scope, the launch of multi-sectoral projects, and the increasing presence of Chinese industrial groups in Morocco, especially in sectors like manufacturing and infrastructure.
The visiting Chinese delegation, which includes government officials and industrial leaders, is in Morocco to explore opportunities for deeper collaboration, focusing on joint projects, investment promotion, and knowledge sharing in the industrial sector.
Morocco and China are expanding their cooperation across various sectors, including tourism, as part of efforts to strengthen bilateral ties. In a significant step, the Moroccan National Tourist Office (ONMT) has begun the process to obtain the prestigious 'China Ready' certification, positioning Morocco to become the first destination in North Africa to receive this label.
The initiative is part of Morocco's broader strategy to tap into high-potential tourism markets and attract more Chinese travelers by adapting services and experiences to their expectations. Tags: Morocco Chinamorocco china cooperationMorocco economy
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