Morocco Approves $1.7 Billion in Investments, Creating 27,000 Jobs

Anwarpress EN Wednesday 29 January 2025 - 16:48

The projects fall under two investment schemes: the basic support system (MAD 4.3 billion, 5,500 jobs) and the strategic support system (up to MAD 13 billion, 21,500 jobs), spanning 14 provinces across seven regions.

The investments target seven key sectors, including tourism, renewable energy, agri-food, automotive, packaging, lighting, textiles, metallurgy, and telecoms.

“These projects highlight Morocco’s growing appeal as an investment hub,” Zidane said following the commission’s meeting, chaired by Prime Minister Aziz Akhannouch. 

“The Kingdom remains committed to strengthening its business climate and attracting foreign capital”, he added.

Morocco’s National Investment Commission has approved $1.7 billion (MAD 17.3 billion) in 20 investment projects, expected to generate 27,000 jobs, Minister Delegate for Investment Karim Zidane announced Wednesday.
29 January 2025
Rabat
non
Gratuit: 
non
Follow us on Google News Follow us on WhatsApp Suivez les dernières actualités d'Anwarpress sur Telegram

Leave a comment

1000 / 1000 (Number of characters remaining) .

Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racial incitement and insults.

Comments

0

Related Articles

Thursday 30 January 2025 - 09:01

Casablanca Stock Exchange Opens Higher, MASI Up .64%

Wednesday 29 January 2025 - 17:11

Arab Monetary Fund Chief Praises Morocco’s Housing Policies

Wednesday 29 January 2025 - 12:26

Morocco, Portugal to Strengthen Cooperation in International Road Transport

Wednesday 29 January 2025 - 09:20

Casablanca Stock Exchange Opens Higher as MASI Gains 0.12%