馃嚥馃嚘MoroccoNorth Africa
Marrakech-Safi region sees 8,485 new businesses created and 346,152 jobs declared in 2024
via Le Matin3 min read
The Marrakech-Safi region solidified its position as a key entrepreneurial hub in Morocco in 2024, with 40,606 active corporate entities by year-end, representing 10.7% of the national active business landscape. The region experienced a 3.1% increase in businesses year-on-year. New business creation accelerated, with 8,485 new corporate entities registered, a 14.4% rise from 2023. Including both corporate and individual businesses, 10,744 new enterprises were established. Marrakech city alone accounted for 74% of these new businesses, underscoring its economic dominance, followed by Safi and Al Haouz provinces with 6% and 5.3% respectively. The regional business sector is largely composed of micro-enterprises, with nearly 90% being very small structures and 96% having a turnover under 10 million dirhams. Economic indicators also showed robust activity, with a cumulative turnover of 106.9 billion dirhams in 2024, a 10.3% increase, and value added rising by 20.4% to 23.8 billion dirhams. Exports generated 9.3 billion dirhams. Trade remains the primary economic driver, representing over 30% of active businesses and contributing most to turnover, exports, and value added. Construction and accommodation-catering sectors also feature prominently. Marrakech prefecture alone hosts 73.3% of the region's active businesses, generates 88.2% of regional turnover, and accounts for 68.6% of declared jobs. While Essaouira saw a 7% increase in active businesses, Al Haouz experienced a 4.9% de
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This summary was AI-generated from a story originally published by Le Matin.
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