Last month, on the outskirts of Rabat, the department of investment (DI) held its annual investment conference ‘The Fundamentals of Investment’ with a particular focus on human resources. During the conference, the DI announced a strategy for developing an efficient education system and labor market policies adequate for the needs of economic development within the framework of the UN Development Program’s Millennium Development Goals. The flow of foreign direct investment (FDI) into Morocco has risen from $1.63 billion in 2005 to $2.24 billion in the first nine months of the year, excluding privatizations. An Ernst & Young study on the country’s attractiveness, commissioned by the DI and presented during the conference, said that 46% of the 203 foreign companies surveyed found that the economic situation is more attractive than last year. A third of these companies have no presence in Morocco as of yet. With inward investments flowing into the
