Where is Casablanca?

Located on the Atlantic coast of western Morocco.

Dar el Beida, formerly known as Anfa and also known as Casablanca, is located on the Atlantic coast of western Morocco. It is a historical city in Morocco and the country's largest port city, economic center and transportation hub. It is known as It is the "Lungs of Morocco" and the "Bride of the Atlantic".

The city has 70% of the country's modern industry, with more than 1,000 factories in the urban and suburban areas. The suburbs of the city are rich agricultural areas, and the hinterland is vast and rich in apatite and other mineral resources. Extended information

In 2010, King Mohammed VI of Morocco announced that the "Casablanca Financial City" would be built in the center of Dalbeda to serve as a regional headquarters for large domestic and foreign financial institutions, professional service institutions and multinational companies in Africa. Provide one-stop service for business activities. Morocco's official line is that it will be a financial and commercial platform at the "crossroads of the world."

Casablanca Financial City covers an area of ??100 hectares and is located on the central axis of Dal Albayda-Anfa. It is not only the city center but also the intersection of the important highways Rabat and El-Jedida. There are currently 62 companies settled in the city, and the Financial City management department plans to attract another 40 companies to move in before the end of this year.

At the end of November 2014, eight Moroccan ministers led a luxurious business delegation to participate in the first "China-Morocco Economic Forum" in Beijing, and expressed the hope that Chinese financial institutions and multinational service companies can participate in Casablanca Financial Forum city ??project. The King of Morocco was very likely to personally promote this project, but he postponed his visit to China due to physical discomfort.

According to reports, settled companies can enjoy a series of measures to encourage and promote development: for example, simplifying administrative procedures for company registration and recruiting employees, implementing preferential tax packages, providing training projects and financial qualification examinations, etc. .

Saeed Ibrahim, CEO of the Casablanca Financial City Authority, said at the forum, "We will be a reliable platform for them to invest in northern, western and central Africa and the wider region."< /p>

As of 2015, there are about 30 large-scale Chinese companies with institutions in Morocco, the largest of which is Huawei, which occupies more than 70% of the market share of Morocco’s telecommunications industry. According to the Economic Observer, Huawei stated that if it can successfully enter the Casablanca Financial City and enjoy partial tax exemption and visa convenience policies, it will consider moving its North African headquarters currently located in Egypt to Morocco.

Baidu Encyclopedia - Dal Beida

People's Daily Online - Morocco builds Casa Financial City to boost China-Africa economic cooperation