Can you describe your Chamber in a few words?
Salma Rachhi :The Belgian-Luxembourg Chamber of Commerce in Morocco is a non-profit association with more than 95 years of experience in assisting member companies in developing their business, expanding their network and strengthening their visibility in the business world in Morocco, Belgium and the Grand Duchy of Luxembourg. The CCBLM currently has more than 200 member companies in various sectors of activity, mainly in industry, commerce and business services.
The CCBLM has an Administrative Body composed of 13 Councillors and a permanent team of several collaborators, including myself, Mrs. Loubna Mouline (Administrative Manager), Mr. Noureddine Rafi (Liaison Officer), as well as trainees at Master 2 level in different specialties, where each has a specific role.
Which developments are happening in Morocco that could be of interest to Belgian companies?
SR : In recent years, the Kingdom of Morocco has consolidated its economic attractiveness at the international level by making significant progress in various economic, social and political fields, through the launch of new innovative sectoral strategies in the Aeronautical and Automotive industries, as well as in Agriculture, Infrastructure and Renewable Energies, notably in the case of the Tangier Med I and II port complex.
The result of these ambitious strategic plans is Morocco’s position as the number one destination in North Africa and the second most attractive destination for investors in Africa.
Morocco is a real pole of political and economic stability with a controlled inflation rate, a satisfactory GDP growth, a sustainable debt, a stabilized budget deficit, increasing exports and foreign exchange reserves, ambitious institutional and social reforms. With an ideal geostrategic positioning since, located at the extreme north-west of Africa, Morocco has a privileged accesś to Europe and Africa, thus providing a favorable business environment.