Casablanca: Foreign investors with global ambitions are continually on the lookout for the best international investment destinations. Nowadays, Morocco is amongst the top 3 Arab countries for profitable investment, the 2014 Baseline Profitability Index (BPI) stated.
Newly available, the 2014 BPI placed Morocco third best Arab destination for profitable investment, ahead of Saudi Arabia (58th) and Egypt (73rd). The Cherifian Kingdom is also the only Maghreb country that has made it to BPI’s ranking.
At the global level, Morocco placed 42th out of 112 countries featured in the analysis. The kingdom placed right after the United Kingdom, and ahead of Canada (44th), the Netherlands (51st), Sweden (52nd) and Germany (68th).
Yet, Morocco scored 1.02 in 2014 compared to 1.03 last year, and hence lost 5 ranks, the 2014 BPI averred.
Topping this year’s list of best destinations for profitable business is Botswana, which scored 1.3, then Hong Kong (1.22) and Taiwan (1.20).
The BPI considers 8 factors that let the prediction of the total pretax return investors might require in countries around the world which include the financial stability, economic growth, corruption, physical security, capital controls, exchangr rates expropriation by government and exploitation by local partners.
Taking into deliberation the significant mutations international investment underwent over the past 12 months.