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Special Economic Zones in the OIC Region:

Learning from Experience

119

helped to catalyze the industrial shift within the region and nationally from phosphate

manufacturing to the automotive industry.

The successful location of Renault in the Tanger Med Zones had a significant impact on both the

regional and national economy with regards to the automotive industry. It is recorded that

following Renault’s arrival, an estimated 30 international subcontractors followed, establishing

production activities within the Tanger Med Automotive City Free Zone. It is estimated that now,

80% of the country’s automotive sector enterprises are located within the Tanger Med Zones

demonstrating the significance of the zones to the automotive industry.

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Box 35 - Tanger Med Success Factors – Pillar 4 Market Access – TMSA Interview

5.4.5.1

Relationship with Regional and National Economy

To examine the effect of the Tanger Med SEZ on the Moroccan economy a number of indicators

have been examined to illustrate the economic performance of the zone in:

Increasing GDP performance;

Increasing export values; and

Attracting further FDI inflows.

This analysis is presented below i

n Figure 27, Figure 28

an

d Figure 29.

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UN Economic Commission for Africa, (2017) Economic Report on Africa – 2017

In discussions with TMSA it was identified that market access has also played a key factor in the

Tanger Med Zones success. This includes Free Trade Agreements (FTAs) with both the European

Union (EU) and the United States (US). It was noted that given Morocco is the only African

country to have a FTA with the US, this places it at a competitive advantage within the region

with regards to attracting investment across the Tanger Med Industrial Platform. This market

access has been facilitated by the rapid expansion of the Tanger Med Port and the increasing

number of connections to ports internationally.