Liberal reforms in Morocco | DLA Piper
A look at recent changes to Moroccan law which improves the business environment in the country:
The wave of liberal reforms that has swept over the Kingdom of Morocco in recent years has intensified over the past few months, under the impetus of His Majesty the King, Mohammed VI. Recent reforms across nearly all lines of business have created a favorable financial and regulatory environment for foreign investment and the success of the financial markets of Tangier (Tangier Free Trade Zone) and Casablanca (Casablanca Finance City) demonstrates the Kingdom’s commitment to becoming a regional hub opening into Africa.
Reforms favourable to foreign investment
The Kingdom of Morocco has liberalised its economy and offers better protection to private international investors
Reform pertaining to public-private partnerships and public markets
- Law No. 86-12 relating to public-private partnerships (PPP) has come into effect, which aims to increase the number of PPP agreements entered into by improving public market procurement procedures. The implementation decree has not yet been published…[FULL STORY]