Morocco 'good for investors'
An overseas property expert has said that Morocco's stable economy makes the country an interesting prospect for investors.
Steve Wright, a property specialist based in the West Midlands, told the Birmingham Post that Morocco is one of several emerging markets which have managed to avoid the economic problems currently afflicting larger economies
He said that the north African country is "basically credit-crunch free", making it an appealing location for savvy UK-based property investors in the current climate.
"Morocco has no linkage at all to any bad debt," Mr Wright explained.
The property expert also said that investment opportunities remain attractive in France, despite the falling value of the pound against the euro.
Last week, acting director of Invest in Morocco Mohammed Aref Hassani told Reuters that the country will continue to attract foreign direct investment in 2009.
He described Morocco as a nation with "a strong investment climate, attractive financing, a competitive workforce and logistics".
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