Morocco’s business and investment landscape is attracting increased attention from Chinese financial institutions, with Bank of China looking to deepen its role in industrial financing and investment support.

The development followed a two-day visit to Morocco by the bank’s chairman on September 14 and 15. Meetings included Morocco’s central bank, a major Moroccan banking group, government officials and Chinese diplomatic representatives.

Discussions focused on financing for investment and trade, renminbi-related services and cooperation in capital markets.

Bank of China has operated in Morocco for around a decade and is now seeking to broaden its activities as Chinese companies expand their involvement in Moroccan industry and infrastructure.

The move could strengthen financial links between Morocco and China, particularly around industrial investment, project financing and support for companies operating across the two markets.