Ali Seddiki: ‘Morocco's development strategy in Africa is a great opportunity for Spanish companies’

Ali Seddiki, Director General of the Moroccan Agency for the Development of Investment and Exports (AMDIE) - ATALAYAR/GUILLERMO LÓPEZ

The Director General of the Moroccan Agency for Investment and Export Development (AMDIE) outlined Morocco's successful model for boosting its economy

Ali Seddiki, Director General of AMDIE, met with the media, including Atalayar, at the end of the conference ‘Morocco & Spain: Investing Together for a Sustainable & Shared Future’, held on 29 April in Madrid.

‘We are very pleased with how this meeting has gone, which aims to promote investment opportunities in Morocco from Spain,’ said Seddiki, who recalled that ‘it was the vision of His Majesty King Mohammed VI that launched a genuine South-South co-development strategy in Africa, which represents great opportunities for Spanish operators who want to learn how we work in Morocco.’

The head of the Moroccan national investment agency highlighted that ‘the 150 companies that gathered at this forum were able to learn about the business opportunities on the horizon for the 2030 World Cup, as well as all the offerings of our world-class industrial ecosystem.’

Ali Seddiki, director general of AMDIE, talks to the media at the end of the forum - ATALAYAR/GUILLERMO LÓPEZ

Earlier in his speech, he referred to the origins of Morocco's current economic development: ‘It all started with a vision in the early 2000s, which led us to have one of the most modern infrastructures on the entire African continent, the port of Tangier Med. It is not just a vision: it is a vision and stability.’

For Seddiki, ‘this infrastructure is a symbol of what Morocco has become. It shows everything we can do together, because we have not done this alone, but accompanied by our partners, including our Spanish partners.’

Ali Seddiki, director general of AMDIE, during his speech at the conference - ATALAYAR/GUILLERMO LÓPEZ

The head of AMDIE explained that ‘it has been important for us to invest so much in infrastructure, because it is the basis of our industrial development. We have shown the world what we are capable of.’

Seddiki also referred to the most prominent sectors of the Moroccan economy, such as the automotive industry, aerospace, agribusiness and tourism, ‘which is one of the leading industries in Spain and from which we want to learn ahead of the 2030 World Cup.’