WHAT TRENDS HAVE YOU OBSERVED OVER THE LAST 5 YEARS IN CORPORATE RELOCATION INTO NORTHERN AFRICA AND DO YOU FORESEE ANY CHANGE IN THE FORTHCOMING 12 MONTHS ?
The situation has been very erratic over the last 5 years and since the Arab Spring . Each country has been facing events which have impacted on the political situation , the society and the economy . Egypt , which has always been a regional leader , and Tunisia are still recovering and trying to acquire some political stability . Algeria ’ s economy which relies mostly on natural resources is facing some difficulties with the fall of oil prices and is now trying to find another model by attracting industrial investments .
Focusing more on Morocco : It has appeared to be the most political stable country over the last years . Foreign investments are in progress in some keys sectors such as solar energy , car industry and aeronautics ; driven by some long term governmental policies .