Belgian Economist : Southern Provinces Development to Reinforce Morocco's Economic and Social Stability
The development of the Kingdom's southern provinces will strengthen the economic and social stability of the country, said Belgian economist Bruno Bernard.
In reaction to HM King Mohammed VI's speech, on the 44th anniversary of the Green March, this expert accredited to the European Union explained that the various projects announced, including the rail and road links are likely to promote a new regional dynamic.
For the Belgian economist, the Sovereign "has understood that a balanced Kingdom in regards to development, in the South as well as the North, is a chance for the futur of the country".
Recalling that Morocco is the economic engine of the Maghreb, Bernard stressed that integrated and inclusive economic development between the regions will benefit not only the Kingdom but also its African neighbors through its southern provinces.
In this context, as a powerful regional hub, Morocco can play the role of industrial supplier or manufacturing processor for West African countries and Sub-Saharan Africa to re-export to Europe, he added.
In His speech, HM the King called for giving serious thought to the development of a rail link between Marrakech and Agadir, before extending it to the rest of the southern regions.
The railway line “will contribute to opening up the regions concerned, in addition to stimulating development and economic prosperity, especially with regard to the transport of people and goods and the promotion of exports, tourism and other economic activities”, the Sovereign underlined.
MAP 07 November 2019