Fez, Morocco was the capital of Morocco until 1925. Rabat then remained the capital even after Morocco achieved independence in 1955. Despite its traditional character, there is a modern section: the Ville Nouvelle or "New City". Today it is a bustling commercial center. The popularity of the Fez has increased since present ruler, King Mohammed VI of Morocco, married a woman from Fez, Salma Bennani. Place Lalla Yeddouna at the heart of the Medina is currently undergoing reconstruction and preservation measures following a design competition sponsored by the Millennium Challenge Corporation (Washington D.C.) and the Government of the Morocco. The construction projects
Economy of Morocco of the sugar-milling capacity, through either partnership or joint financing. It is also a major participant in the car and truck assembly industry and in tire manufacturing. Textiles form a major industry in Morocco. The European Union is Morocco's top client as regards textile and clothing, with France importing 46% of hosiery, 28.5% of basic textile and 27.6% of ready-to-wear clothing from Morocco, managing director of the Moroccan Export Development Center underlined. Recalling that Morocco's textile and clothing exports totaled some $3.7 billion in 2007, Saad Benabdallah ascribed this performance to the many assets that Morocco enjoys, namely, geographical proximity,