Morocco reforms provide
opportunities.
by MEDIA CONTACT RESOURCES, INC.
Because of its large pool of educated French-speaking workers,
Morocco sees a way to increase high quality job opportunities for part
of its sizeable consumer base. The strategy includes offering
outsourcing services in the Information Technology (IT) sector to French
speaking nations. In this way, according to a December 26, 2006 story in
the Khaleej Times (Dubai), Morocco could emulate the success India has
created on the basis of its large English-speaking workforce.
The Times cited a report from the United Nations Conference on
Trade and Development (UNCTAD) as its source for this information.
The move would leverage some of the advantage from the recent large
inflows of foreign direct investment (FDI) Morocco has created for
itself through a program of privatization and the clarification of
business laws and administrative procedures. FDI has repeatedly shown
promise in decreasing unemployment in countries where investment has
been encouraged.
The current Secretary General of UNCTAD said that opportunities
were available for Morocco to enhance its competitiveness in several
economic sectors. They are: Services outsourcing, the automotive
industry, electronics, agribusiness, seafood processing and
handicrafts."
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