The prestigious American Forbes magazine wrote that Morocco has become, thanks to its strategic location and favorable business climate for investment, a gateway towards the “renaissance” of the aviation sector in Africa.
In an article signed by businessman and strategic expert in the field, Henri El-Hilali, the magazine highlighted that Morocco is charting a path in the field of aviation that is “characterised by amazing growth,” noting that at a time when “Airbus” announced an annual growth of 3.6 percent in terms of The demand for passenger traffic, the strategic location of the Kingdom, coupled with the favorable investment climate, makes it an attractive destination for international airlines, including the aviation industry.
The American magazine noted that Morocco provides, for entrepreneurs and companies, an open skies policy that stimulates foreign investments and partnerships, paving the way for strong growth in the aviation sector.
Among the strengths that distinguish Morocco in this major sector, the author of the article also cites investments in infrastructure, especially since the Kingdom aims to become a pole for aviation in the region and beyond. He also touched on investment in developing competencies and the priority that Morocco attaches to relations and trust, as well as respect for existing standards in the field of trade.
The magazine recorded that Morocco, thanks to these appropriate policies and its strategic location, is about to attract more aviation industry companies, highlighting that countries such as Morocco and Nigeria are leading the boom in the aviation sector in Africa.
The author of the article added that these leading countries stimulate the growth of private, commercial and military aviation, and thus provide huge opportunities at the global level, adding that the next stage to be skipped is the manufacture of aircraft, from private aircraft to military drones.
He continued by saying that the continent’s growth in this sector reflects the combination of growing economies, urbanization, the emergence of a thriving middle class, and increased purchasing power.
And “Forbes” considered that these developments represent, for businessmen, “a unique opportunity to benefit from a rapidly growing market with great qualifications,” noting that by investing in companies related to the field of aviation, especially aircraft manufacturing, businessmen can contribute to shaping the future. African aviation field, and benefit at the same time from its growth.
