Morocco enters ‘new development cycle’ as King Mohammed VI highlights economic growth and industrial rise

King Mohammed VI has called for the consolidation of Morocco’s recent achievements and the opening of a new development cycle focused on economic growth, social progress and stronger national sovereignty. Delivering a speech on Wednesday to mark the 27th anniversary of his accession to the Throne, the King said Morocco had reached a decisive stage in its development and must continue with reforms introduced in recent years. He described the country’s progress as the result of a long-term vision built on initiative, accountability, evaluation and continuity in public action.

The King said his priority had always been serving Moroccans and ensuring they live with dignity as free citizens, rather than pursuing personal recognition. He placed strong emphasis on Morocco’s political stability and security, describing them as strategic assets at a time of global uncertainty, crises and tensions. According to him, the country’s stability has enabled it to continue implementing major projects, maintain strong institutions and respond effectively to challenges, including natural disasters.

He cited Morocco’s ability to host major international events and manage crises, including the response to floods that affected the Gharb region and northern parts of the country. King Mohammed VI said Morocco’s economy had recorded significant progress, with growth reaching about 4.9% in 2025, and with similar or higher growth expected in 2026. He also highlighted the impact of improved rainfall and a strong agricultural season on water and food security.

The King pointed to growth in key sectors including industry, tourism and finance, saying Morocco has become increasingly attractive to investors. He said industries such as automotive, aeronautics, renewable energy and agri-food have become central pillars of the national economy. According to him, Morocco has become Africa’s leading automobile exporter, with an annual production capacity of nearly one million vehicles.

He added that the automotive and aeronautics sectors now account for more than 40% of national exports, overtaking the phosphate sector. The King also highlighted the development of aircraft engine and landing-system manufacturing facilities, describing them as steps towards positioning Morocco as a major industrial hub. He said the creation of an integrated electric battery industry reflects Morocco’s ability to…