Morocco's marine aquaculture sector holds significant untapped potential, according to a recent World Bank report. The report estimates that the industry could attract approximately $1.96 billion in private investment by 2040, while creating up to 75,000 jobs.
The analysis highlights that Morocco's extensive coastline and favorable conditions for fish farming remain largely underutilized. Currently, the sector contributes minimally to the national economy, but with targeted investments and policy support, it could become a major driver of economic growth and employment.
The World Bank's projections are based on sustainable development scenarios, emphasizing the need for improved regulatory frameworks, access to finance, and technology transfer. The report also notes that aquaculture could help reduce pressure on wild fish stocks and enhance food security in the region.
Moroccan authorities have expressed interest in developing the sector, but progress has been slow. The report calls for public-private partnerships and international cooperation to unlock the full potential of marine aquaculture in Morocco.
