"Economic relations between Korea and Morocco are good but need to be developed. There are several Korean companies in Morocco, such as Hands Corp. in Tangier and Yura Corp. in Meknes in the automotive industry, but we still have a lot to accomplish together. The number of Korean companies operating in Morocco is clearly set to grow," said Chbani Idrissi in an interview with South Korean News Agency Yonhap. 

"AMDIE is a central agency that represents the government and is intended to work on all sectors of activity of the Moroccan economic fabric, except for some sectors that are managed directly by agencies such as agriculture and tourism," he noted.

"Throughout the Moroccan territory, we have two main missions. The first is a mission of promotion and communication. (...) The second is a business development mission, with two axes: development of investments in Morocco and development of exports from Morocco," Chbani Idrissi stressed.

The official noted that central objective is to attract foreign investors and to offer them access to more than 1.5 billion consumers in Africa, Europe and the United States through the fifty free trade agreements concluded by Morocco, its unique geostrategic position at the crossroads of Europe and Africa and its political and economic stability.

In this regard, he underlined advantages that South Korean companies would have in Morocco in terms of exports, youth, availability, qualification and cost of labor.

Chbani Idrissi also stressed that Morocco is committed to a sustainable economy, noting that in 2022, 42% of electricity consumed in the Kingdom is produced through green energy, with the ambition to increase this figure to 52% in 2030.

This interview is part of the "Roadshow" organized from July 4 to 6 in Seoul, aimed at presenting and promoting the brand "Morocco Now", the new strike force of investment and export of Morocco internationally.