Moroccan government plans to increase Argan oil production

A tourist buys Argan oil in the Medina, during the holy month of Ramadan in the old city of Tunis. (File photo: Reuters)

The Moroccan government plans to more than double production of Argan oil, Reuters reported Monday.

The government said it plans to regenerate 200,000 hectares of Argan forest, create a new chain of modern Argan farms, and increase production to 10,000 tons from 4,000 tons today.

Dubbed 'liquid gold' in Morocco, Argan oil is extracted from the kernels of the Argan tree, a species that only grows in the south-west of the country.

The oil is widely recognized for its culinary, cosmetic and medicinal virtues.

It helps to keep hair and skin looking healthy, clear up acne breakouts, and reduce the color and severity of stretch marks.

The oil accounts for a quarter to nearly half the income of those who live and work in the rural region where it is produced, Reuters reported.

One of the most expensive edible oils in the world, it sells locally for 10 times the price of olive oil.

Last Update: Wednesday, 20 May 2020 KSA 09:42 - GMT 06:42