With the proper administration from Rabat, Morocco can fully dominate the phosphates market west of the Suez Canal since the phosphate fertilizer sector has the potential to prosper in any country which has renewable phosphate resources.
Morocco is said to possess 75 percent of global phosphate reserves. Rabat is in the course of advancing from being an exporter of phosphate rock to becoming a substantial producer of fertilizers and phosphoric acid.
The North African state has the advantage of becoming a global force in the fertilizer market and it is questionable that even more could be made in its downstream industries. There is little to no hindrance for foreign direct investment to make a way into Morocco’s phosphate industry.
The opening of the sector could expedite job and wealth conception more quickly than keeping it firmly domestic affair. This opportunity will push Morocco to work harder to attract investments from similar producers.