Morocco expects foreign direct investment to increase by as much as 40 percent in 2011 as the global economy recovers from its worst recession since World War II, a government minister said.
The North African country may attract up to $3.5 billion next year, compared with an estimated $2.5 billion in 2010, Economy and Finance Minister Salaheddine Mezouar told reporters today at the World Economic Forum in Marrakesh. The investments will probably be in “energy, financial services and telecommunications,” he said.

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