A Moroccan love affair
- From: Vol 5, Issue 10 (October 2004)
- Category: Companies
- Region: Africa
- Country: Morocco
- Related Companies: Lydec and Suez
Suez’s concession in Casablanca could be the beginning of a beautiful friendship.
Amidst the wreckage of Suez’s 1990’s strategy of expansion into emerging markets, Morocco stands out as a paragon of profit. Whereas concessions in Argentina, Indonesia and Manila were thrown off course by currency devaluation and fraught relations with public sector clients, its Casablanca concession is something it is looking to repeat elsewhere in the country.
At the International ...
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