Tourexpi
In
an official visit to the Kingdom, UN Tourism Secretary-General Zurab
Pololikashvili celebrated its achievements in growing tourism and making the
sector a pillar of economic diversification and sustainable growth. According
to the latest UN Tourism data, Morocco welcomed 17.4 million international
tourists in 2024, a 20% increase on 2023, making it the most-visited country in
all of Africa. Ms. Fatim-Zahra Ammor, Minister of Tourism Handicrafts and
Social and Solidarity Economy for the Kingdom, shared the official data, and
outlined the prospects for the years ahead, with Morocco set to co-host the
2030 FIFA World Cup and the 35th edition of the African Cup of Nations
(AFCON-2025).
Investment
Guidelines for Morocco launched
Over
the last five years, Morocco has averaged USD 3.5 billion in FDI annually
across all sectors. From 2014 to 2023, USD 2.2 billion was allocated to the
tourism sector. Greenfield investments in tourism amounted to USD 2.6 billion
between 2015 and 2024.
To
support the further growth of tourism across the Kingdom, in Rabat, UN Tourism
officially launched “Tourism Doing Business – Investing in Morocco”. The
Guidelines – the latest in a growing portfolio of expert publications – outline
the opportunities to be found in the tourism sector for international investors
of all sizes. The Guidelines also set out investment trends and key areas of
growth, including a focus on the Kingdom’s booming innovation ecosystem.
Supporting
Moroccan tourism innovation
In
Rabat, UN Tourism welcomed private sector leaders, including from SMIT Morocco,
as well as leading entrepreneurs and small-business owners to celebrate
innovation in the Kingdom’s tourism sector. In a keynote speech on Keynote
Speech: “Global Trends on Tourism Tech and Innovation”, UN Tourism Executive
Director Natalia Bayona highlighted the accelerating digital transformation of
the sector.
Executive
Director Bayona said: “Morocco's tourism sector has become a key economic
driver, contributing 7.3% to GDP by 2023. With a remarkable 35% increase in
international arrivals since 2019 and USD 10.5 billion in tourism revenue,
Morocco is prepared to continue its growth. The country's stable political
climate and strategic economic policies fortify this success."
Fatim-Zahra
Ammor, Minister of Tourism Handicrafts and Social and Solidarity Economy, adds:
"The Kingdom of Morocco's political stability, its competitive edge, the
openness of its economy, the view on innovation and its forward thinking
investment policies collectively positions the country as a privileged
destination for both national and international investors. Our engagement
persists in continuing the implementation of strategic reforms aimed at
unlocking the full potential of private investment, thereby facilitating the
business process in Morocco".
As
part of the visit, an agreement was also signed to establish the UN
Tourism Thematic Office for Africa, furthering Morocco’s role as a key partner
in supporting tourism growth across the continent.
Top
Start-ups recognized
The
National Tourism Startup Competition, an initiative focused on fostering
innovation in the Moroccan tourism sector and supported by the Moroccan Agency
for Tourism Development (SMIT), has successfully concluded with the
participation of 137 aspiring startups.
Among
these, five standout enterprises were recognized for their groundbreaking
contributions. Leading the charge is Ecodome, securing first place for its
innovative approach to sustainable tourism. In a tie for second place, ATAR and
Pikala showcased exceptional potential with their unique offerings. Taking the
third spot is Wanaut, noted for its creative solutions in enhancing travel
experiences. Finally, Mouja claimed fourth place, impressing judges with its
forward-thinking strategies. This competition highlights Morocco's commitment
to nurturing entrepreneurial talent and advancing its tourism industry through
strategic investments and support.
Image
Credit: © UN Tourism
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