The United Kingdom is planning to invest in the Moroccan Sahara, targeting renewable energies and the automotive industry, propelling the region towards a prosperous and sustainable future.
The Moroccan Sahara is becoming the new center of attention for the United Kingdom, positioning itself as a key economic partner for Morocco. Focused on renewable energies, chemicals, and critical materials, British investments aim to strengthen economic cooperation between the two nations, opening opportunities in high-value-added sectors such as aerospace and automotive.
Morocco, with its state-of-the-art Tanger-Med port, presents itself as an ideal continental logistics hub for British companies. Targeted strategic sectors include electric mobility, renewable energies, chemicals and pharmaceuticals, as well as critical materials. The emergence of green hydrogen becomes a priority, with Morocco aiming to produce up to 1 million tons of green hydrogen per year by 2030.
The UK High Court recently rejected a request from the Polisario, thereby reinforcing the post-Brexit relations between the UK and Morocco, particularly in the Sahara region. The benefits of the Morocco-UK agreement, such as the elimination of tariffs on agricultural products, pave the way for closer economic cooperation.
The British Institute for Free Trade (IFT) advocates for the creation of an automotive manufacturing ecosystem in Morocco, along with the removal of insurance restrictions for British companies. These initiatives, combined with a free trade agreement, could unlock the strong economic potential of the Moroccan Sahara, representing about 10% of Morocco's GDP.
The partnership between the United Kingdom and Morocco paves the way for a promising economic future, with the southern regions of Morocco emerging as an attractive center for investments. The emphasis on diversifying economic activities, international trade, tourism, and leisure promises to propel these regions towards significant economic growth.
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