Approval of 191 projects worth over 326 billion dirhams in line with the new investment charter.

Approval of 191 projects worth over 326 billion dirhams in line with the new investment charter.

- in Economy

The National Investment Commission has approved 191 projects worth more than 326 billion dirhams as part of the implementation of the new investment charter.

Khaled Zidan, the Minister Delegate for Investment, Integration, and Evaluation of Public Policies, stated in response to a parliamentary question regarding “accelerating the implementation of investment projects” raised by the National Rally of Independents team during the oral question session in the House of Councillors, that this approval encompasses seven sessions and aims to create 150,000 direct and indirect jobs.

The government official noted that “public and private investments complement each other to form a developmental lever,” emphasizing that “promoting investment is a crucial focus in the government program, given its role in raising the national economic growth rate, enhancing job market dynamics, and reducing spatial disparities.”

In this context, the minister highlighted that the government has worked with various stakeholders in the investment system at both the national and regional levels, enabling the reform of state policy in this area and enhancing the role of the private sector through the adoption of the new investment charter.

He also mentioned the launch of a roadmap to improve various components of the business climate and organize international promotional tours to introduce the Kingdom’s potential as a promising investment destination that gains the trust of global players, alongside developing public-private partnership programs and directing investments towards promising sectors such as industrial transformation, renewable energy, modern technology, and future professions.

Zidan stressed the government’s commitment to continuing to create a conducive environment to attract more national and foreign investments by simplifying procedures, improving governance, and providing infrastructure and clean energies, solidifying Morocco’s position as a preferred investment destination at both the regional and international levels.

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