13 projects approved for more than MAD 2 billion

The Investment Commission, meeting Tuesday in Rabat, under the chairmanship of the Head of Government, Aziz Akhannouch, approved a total of 13 projects for a total amount of more than 2 billion dirhams (MMDH), said the Minister Delegate in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli.

Speaking at the end of this meeting, Mohcine Jazouli stressed that these projects approved during this session will create around 5,000 jobs, including 2,000 direct and 3,000 indirect jobs.

Of the 2 billion dirhams, one billion will be devoted to local investments and 1 billion dirhams will be allocated to foreign investments in strategic sectors, in particular electronic chips for vehicles or pharmaceuticals, he said.

He also specified that this 81st meeting, the first of this new government, takes into account the orientations of King Mohammed VI for the development of investments, in particular private investments, as it appears in the New Development Model (NMD) or in the government program level.

The Minister, moreover, pointed out that this commission intervenes today in a particular context, where the government wishes to boost investments, stressing that the Head of Government has decided to “have regular commissions every week, until clearing the various projects by the end of the year ”, and review all the investment files to“ accelerate the various investments in Morocco ”.



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