Morocco’s automotive industry is the most attractive market in the MENA region for production opportunities, said Fitch Solutions Foundation in its latest report. According to Fitch report, some of the country’s lowest scores show where the country still has room to develop. In the Country Rewards components, Morocco scores just 35.7 for the capability of the country’s manufacturing sector in general but this will improve over time as sectors such as autos manufacturing develop further. Many automotive companies choose Morocco for its geographical position between MENA and Europe and the trade opportunities, underlined Fitch report. Morocco retains in its lead in auto industry in the MENA region despite the impact of the covid-19, which has affected its car production and exports.

Source: The North Africa Journal August 14, 2020 00:45 UTC