By admin 
Rabat – Morocco continues to draw sturdy curiosity from world mining buyers, incomes a strong place in the most recent Annual Survey of Mining Firms by Canada’s Fraser Institute.
In accordance with the just lately launched 2024 report, Morocco ranked 18th out of 82 jurisdictions worldwide in phrases of general funding attractiveness. This rating combines each the nation’s mineral potential and the impression of presidency insurance policies on mining exploration and growth.
Morocco surpassed nations like Botswana (twentieth), Zambia (twenty eighth), and Namibia (thirtieth).
“Morocco’s Coverage Notion Index rating decreased by 15.69 factors this yr in comparison with final, inserting it twenty eighth (of 82) in 2024 after rating twelfth (of 86) in 2023 on coverage,” reads the report.
This index acts like a “report card” on how welcoming a rustic’s insurance policies are for mining funding. It appears at points like laws, taxes, infrastructure, political stability, and entry to expert labor.
Morocco additionally ranked 14th out of 58 jurisdictions in the Finest Practices Mineral Potential Index, which measures the attractiveness of a rustic’s geology assuming perfect authorities insurance policies.
The nation ranked twenty seventh in 2023 and sixteenth in 2022 on the general funding index. This implies it has proven constant efficiency and investor confidence in its mining sector.
The newest survey, carried out between August and December 2024, collected responses from 350 mining executives and managers worldwide. Collectively, their corporations reported spending over $6 billion on exploration actions in 2024.
The Fraser Institute famous that jurisdictions with each sturdy geology and clear, secure mining insurance policies have a tendency to draw extra funding. Morocco’s mixture of wealthy mineral assets and comparatively favorable insurance policies locations it among the many most tasty locations for mining funding, not simply in Africa, however globally.