More than 46 billion dirhams for investment projects in predominantly rural areas
The Minister Delegate for Investment, Convergence, and Public Policy Evaluation, Karim Zidane, stated in the House of Representatives yesterday that the National Investment Commission has approved 59 investment projects in regions characterized by a rural nature, with a total investment value exceeding 46 billion dirhams.
Zidane highlighted that these projects, which will create 40,000 job opportunities, will affect the regions of Beni Mellal, Ben Slimane, Berrechid, Boujdour, Driouch, Al Haouz, Errachidia, Essaouira, Fkih Ben Salah, Guelmim, Jerada, Khémisset, Khouribga, Larache, Midelt, Ouezzan, Laayoune, Rahamna, Safi, Settat, Sidi Ifni, Tan-Tan, Tarfaya, Taroudant, and Tetouan.
He mentioned that the continuation of implementing the new investment charter will provide comprehensive support systems in addition to incentives offered by local authorities, stimulating investment in the less attractive prefectures and provinces through a territorial grant of up to 30%, covering nearly 80% of the Kingdom’s prefectures and provinces.
He clarified that reducing spatial disparities and achieving equity and development in territorial areas is a “national duty” that requires first and foremost the valorization of human, economic, social, and cultural potentials across all regions, considering that this equation “requires concerted efforts as well as convergence between government programs, elected councils, and all stakeholders.”
