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Transformative Impacts of Chinese FDI: Catalyzing Technological Advancements and Economic Growth in Morocco

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  • Younes Touati,
  • Feng Jingjie,
  • Mohamed Salah Adawi Ahmed
Younes Touati
PhD candidate, Interntional trade, Zhongnan University of Economics and Law, China
Feng Jingjie
China, Master candidate school of technology economy and management, Zhongnan University of Economics and Law,
Mohamed Salah Adawi Ahmed
Egypt, Zhongnan University of Economics and Law
Published in : International Journal of Scientific Research and Management (IJSRM) , Vol. 12 No. 07 (2024)

Submission to VIJ 2024-07-23

Keywords

  • Foreign direct investment; Technological Innovation; Morocco; Chinese Investment

Copyright (c) 2024 Mohamed Salah Adawi Ahmed, Younes Touati, Feng Jingjie

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

Foreign Direct Investment (FDI) plays a vital role in shaping the global economic landscape, driving growth, spurring technological innovation, and enhancing international competitiveness. This paper embarks on a deep dive into the multifaceted world of FDI, unraveling its core concepts, theoretical underpinnings, influencing factors, and profound economic impacts. Focusing on Morocco, the study traces the evolution and current status of FDI, showcasing the nation's strategic initiatives since the reform and opening up era aimed at magnetizing foreign investments. Through illuminating case studies of Chinese FDI in Morocco, the paper reveals the transformative effects on economic development, job creation, and technological transfer. The findings highlight the crucial need for optimizing the investment climate, boosting innovation capabilities, and fostering regional development to attract premium foreign investments and ensure long-term economic vitality.

 

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