Morocco and France marked a significant milestone in their bilateral relations with the signing of investment agreements totalling nearly USD 10.4 billion marked for major infrastructure projects throughout Morocco.
By Rabia Bouchiba
Overseen by King Mohammed VI and French President Emmanuel Macron in Rabat, the agreements highlight Morocco’s growing role as a regional economic hub and its strategic partnership with France.
The agreements, which span key sectors such as renewable energy, infrastructure, aerospace, and shipping, underscore Morocco’s ambitions for sustainable development.
Among the highlights is a partnership with TotalEnergies to develop Morocco’s green hydrogen infrastructure, further cementing the country’s position as a leader in renewable energy in Africa.
“These investments align with Morocco’s vision under King Mohammed VI, to transform the southern provinces into a gateway for African development,” says Wali of the Laayoune-Sakia El Hamra region Abdel Salam Bkiraat.
He emphasised the region’s potential as a critical driver of economic growth.
Another French company, Alstom, will supply Morocco with 18 high-speed trains and assist in extending the rail network between Tangier and Marrakech, with the aim to enhance connectivity and economic mobility.
France based Safran is set to establish a 25,000 square-meter LEAP engine maintenance facility in Casablanca, bolstering Morocco’s aviation sector.
Meanwhile, CMA CGM partnered with Marsa Maroc to co-manage the Nador West Med port, a project poised to revolutionise trade across the Mediterranean.
Renewable energy featured prominently in the agreements too.
Alongside TotalEnergies, Engie and the French Development Agency committed to advancing Morocco’s energy transition.
French energy company EDF pledged to expand the Taza wind farm, underscoring Morocco’s focus on clean energy and sustainability.
The agreements also reflect a strategic shift in France’s position on Western Sahara.
During his visit, President Macron reaffirmed France’s recognition of Morocco’s sovereignty over its southern territories and support for the autonomy proposal.
France’s ambassador to Morocco Christophe Lecourtier, described the agreements as part of a broader commitment to fostering development in the southern provinces.
Lecourtier’s three-day visit to Laayoune and Dakhla, alongside a delegation of French business leaders, highlighted the economic potential of the region.
According to Lecourtiers ,the Sahara opens up new horizons for France. He also emphasised the importance of joint investments in energy, agriculture, fishing, and infrastructure.
Laayoune-Sakia El Hamra Regional Council President Sidi Hamdi Ould Errachid, highlighted the significance of these investments.
“This collaboration demonstrates the shared vision of Morocco and France to achieve sustainable development in the region,” says Errachid.
He noted that the agreements built on Morocco’s reforms between 2015 and 2021, which have strengthened the region’s infrastructure and industrial capabilities.
French businesses expressed admiration for Morocco’s progress.
According to the President of the French Chamber of Commerce in Morocco, Claudia Gaudiau-Francisco, these agreements showcase Morocco’s unparalleled potential as a hub for investment and innovation.
The chamber pledged continued support for Moroccan companies in leveraging these opportunities.
In the shipping sector, the agreement between CMA CGM and Marsa Maroc to co-manage the Nador West Med port is expected to boost trade and position Morocco as a logistics leader in the Mediterranean.
The visit concluded with a symbolic gesture as Lecourtier presented a historical book to Mayor of Laayoune Moulay Hamdi Ould Errachid, which showcases French history in Morocco and the city of Laayoune, reaffirming a shared history and aspirations for future collaboration.
These agreements are expected to deepen Morocco and France’s economic and diplomatic ties, with Moroccan officials optimistic about the long-term benefits.
“This partnership reflects the enduring friendship between our nations and our joint commitment to a prosperous future,” says Errachid.
