The European Bank for Reconstruction and Development (EBRD) Director for Morocco, Haytham Eissa, praised the remarkable progress achieved by Morocco under the leadership of King Mohammed VI.
"Morocco has made significant strides, particularly in the development of world-class infrastructure, the acceleration of the transition to renewable energy, the promotion of financial inclusion, and the strengthening of the institutional framework," Eissa told MAP on Wednesday in Casablanca.
On the sidelines of the "Women in Business: Breaking Financing Barriers – €1 Billion Impact Accelerating Growth and Innovation in Morocco", Eissa said that the Bank sees this transformation as a clear demonstration of Morocco’s long-term vision, strategic leadership, and unwavering commitment to sustainable development.
He went on to say that Morocco has firmly established itself as a regional leader in the green transition, setting ambitious targets and taking concrete steps to decarbonize its economy.
According to the official, Morocco has earned a strong reputation as a leading reformer in North Africa, attracting high levels of foreign direct investment (FDI) and financing for the development of its export-oriented industries.
"Morocco’s success in becoming a major hub for automobile production is a best-practice example that we have frequently highlighted in our flagship reports," he stated.