Capital investments in Morocco amounted to 307 million dirhams in 2012

Jeudi 14 Mars 2013

Capital investments in Morocco amounted to 307 million dirhams (DH) in 2012 with 16 investments, according to the Moroccan Association for equity investors (AMIC).
Capital investments in Morocco amounted to 307 million dirhams in 2012
These investments, the average amount is 23 million dirhams, are made up of  three quarters of equity, with development and transmission grabbing the lion's share of flows, with 64 per cent and 27 per cent investment value indicates a statistical study on "activity, growth and performance of the industry capital investment in Morocco", conducted by Grant Thornton on behalf of AMIC.

The total investment,  reached 3.6 billion dirhams in late 2012 from 140 companies  with 98 still in the portfolio.

Investments in the industrial sector have increased significantly since 2011, building and public works (BTP) and services are paramount, says the study, which is in terms of geographical location, from Grand Casablanca reduced progressively to the various regions.

The study also highlights 12 acts of disinvestment in the year 2012, a total of 148 million dirhams. The cumulative figure divestment since 2000, meanwhile, more than 1.82 billion dirhams.

Since 2006, 30 companies listed on the Casablanca Stock Exchange, eight of them were accompanied by capital investors (27 per cent introductions). From 2011, facing a sluggish market activity, the majority of divestments are industrial value, the source said.

At the end of 2012, Moroccan industry had 36 Capital investment funds managed by 20 management companies. The average of these is 5.4 persons, including 4 for investing activities, which represents 103 people working in the sector.

The year 2012 was further characterized by a strong growth in fundraising, with the creation of four funds: 3P Fund, SME growth, Emerald Fund and CNAV2, is AMIC, noting that the proportion of organizations international development has reached 52 pc of capital raised since 2011, while state intervention focuses on two public-private fund (3P Growth Fund and SMEs), which represents 15 per cent of the funds raised.

With regard to the annual growth rate (CAGR) of revenues and staffing firms invested at the end of 2012, it is respectively 16.41 per cent and 9 per cent, according to the document of AMIC, noting that Morocco remains the priority area of  transregional ​​investment funds, followed by Tunisia and Algeria.

In addition, the study showed an improvement in governance because companies  100 per cent invested are audited, 99 per cent have reporting tools and 98 per cent have established performance indicators and policy definition and monitoring budgets.

This study, for the fifth consecutive year, is under the leadership of the commission studies & statistics of Moroccan capital investors (AMIC) is the only professional association specialized in the trade of capital investment.



Source : https://www.marocafrik.com/english/Capital-investm...

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