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Morocco seeks to boost diaspora investment to over 10%
๐Ÿ‡ต๐Ÿ‡พ Paraguay /Economy & Trade

Morocco seeks to boost diaspora investment to over 10%

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Morocco aims to increase investment from its diaspora, which currently accounts for less than 10% of total investment.
  • The government seeks to transform family remittances into productive projects to generate wealth, employment, and innovation.
  • This initiative is part of a broader strategy to make Morocco a natural destination for investments from its citizens abroad.

Morocco is embarking on an ambitious plan to harness the economic power of its diaspora, a vital segment of the population living abroad. Prime Minister Aziz Ajanuch emphasized the need to shift from mere remittances to productive investments, a move that promises to inject dynamism into the national economy. The government envisions turning the Moroccan diaspora into a strategic partner for development, fostering a new economic relationship based on shared growth and innovation.

The development demands of this stage require moving towards a new form of economic link between Morocco and its citizens abroad, based on transforming family remittances into productive investment projects, capable of generating wealth, added value, and employment, as well as strengthening innovation and territorial development.

โ€” Aziz AjanuchDuring the opening of the National Forum on 'Investment and Moroccans of the World' in Tangier.

This initiative is not merely about financial contributions; it's about leveraging the expertise, skills, and international networks that Moroccans abroad have cultivated. By positioning Morocco as an attractive investment destination, the nation aims to create a virtuous cycle of wealth generation, job creation, and territorial development. The focus on transforming remittances into tangible projects underscores a commitment to long-term economic progress and self-sufficiency.

Moroccans of the world constitute today a true economic, social, and investment force, not only through their financial transfers, which exceeded 122 billion dirhams (11 billion euros) in 2025, but also through the experience, skills, and international networks they have accumulated.

โ€” Aziz AjanuchHighlighting the multifaceted contributions of the Moroccan diaspora.

The strategy, championed by King Mohammed VI, reflects a deep understanding of the diaspora's potential. Facilitating access to social and economic programs, including housing assistance, demonstrates a comprehensive approach to integrating the diaspora into the country's development narrative. This proactive stance is crucial for a nation that sees its emigrants not just as sources of capital but as active participants in its modernization and progress. The Moroccan perspective is one of opportunity and strategic engagement, recognizing the diaspora as a key asset for national advancement.

Morocco's interest in its emigrants is not circumstantial but responds to a consolidated strategy.

โ€” Aziz AjanuchEmphasizing the long-term commitment to engaging the diaspora.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.