Morocco wants more British investments

Morocco voiced wish to see British companies more involved in investment projects in Morocco.

The wish was expressed by Moroccan finance and investment minister, Fathallah Oualalou, during a meeting held Tuesday in Rabat with Prince Michael of Kent.

The minister surveyed the efforts made by Morocco to promote the business atmosphere through giving more advantages and incentives to investors.

For his part, Prince Michael of Kent noted that Morocco "is taking up with a great deal of courage and success the challenges imposed by globalization and liberalization of the world economy."

He also voiced confidence that the efforts made by Morocco will help materialize the aspirations of the Moroccan people to progress and prosperity.

Prince Michael expressed readiness to contribute to enhancing economic relations between Morocco and Britain through increasing the flow of investments and developing trade exchanges.