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Tangier tanger tetouan al hoceima morocco is a bustling hub of entrepreneurial activity the area has a rich history of entrepreneurs dating back to the phoenician era the geography of the area is diverse with mountains beaches and fertile plains the population of the area is around 35 million with a mix of berber arab and european cultures technological innovations in the area have been driven by a number of factors including the presence of local universities and a growing number of tech startups companies founded in the area include tanger med a major port and logistics hub and inwi a leading telecommunications provider many other companies have also chosen to locate their headquarters in the area attracted by its strategic location and skilled workforce key historical events in the area include the tangier international zone a period of international control over the city from 1923 to 1956 this period saw the city become a hub of international trade and diplomacy and laid the groundwork for its current status as a major economic center local universities including the university of tangier and the abdelmalek essaadi university have played a key role in driving innovation and entrepreneurship in the area the living wage in the area is around 3000 mad per month or roughly 330 usd the unemployment rate is around 10 with many young people turning to entrepreneurship as a way to create their own opportunities the city level gdp of the area is around 15 billion usd with a rate of new companies starting and ending that is on par with other major economic centers overall the startup scene in tangier tanger tetouan al hoceima is thriving driven by a combination of local talent strategic location and a supportive business environment with continued investment and support the area is poised to become a major player in the global startup ecosystem
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