Morocco Strengthens Its Position as a Global Hub for Chinese Investments in the Green Technology Sector
A recent report from the Zero-Policy Industry Lab at Johns Hopkins University indicates that Morocco has become one of the top global destinations for Chinese investments in green technology. The country ranks second after Indonesia in terms of committed investments, exceeding $18 billion, and seventh in terms of the number of projects, with 15 initiatives.
The report, titled “China’s Green Leap Abroad,” highlights Morocco’s strategic location and proximity to Europe, along with its vast phosphate reserves, industrial policies, and trade agreements, making it a preferred destination for Chinese firms, particularly in battery materials and green hydrogen.
Furthermore, the document notes that Chinese investments in clean technology have accelerated significantly since 2022, surpassing $220 billion across 54 countries, covering sectors such as batteries, solar energy, wind energy, new energy vehicles, and green hydrogen. The battery materials manufacturing sector holds the largest share of these investments, totaling over $62 billion, even though the number of its projects is lower than that of solar energy due to higher establishment costs.
The report emphasizes that China’s focus remains concentrated on Southeast Asian countries due to the nickel and cobalt resources in Indonesia, along with Latin America through the “Lithium Triangle” (Chile, Bolivia, Argentina). In contrast, Morocco has emerged as a key platform in the Middle East and North Africa, with the region’s share of new investments rising to over 20% in 2024, reflecting its growing role in reshaping the global clean technology landscape.
