Morocco reforms provide opportunities.(Brief article)

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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