Khalid Zidan, the Minister Delegate to the Head of Government in charge of Investment, Public Policy Coordination, and Evaluation, stated that the government is committed to improving the business and investment climate by continuing to simplify around 15 additional investment processes. He emphasized that Morocco’s ranking in terms of the investment climate readiness is good, thanks to a robust regulatory framework and the provision of public services across various sectors.
In response to a written question from MP Idriss Sentisi regarding Morocco’s absence from the list of countries with economic competitiveness, Zidan mentioned that efforts are currently underway to enhance the investor journey by simplifying and digitizing approximately fifteen investment pathways.
Zidan noted that in line with royal directives, and in order to promote investment as a driver of economic development, the government has taken practical measures to enhance the business environment, fostering trust and facilitating the investment process.
The minister highlighted that due to ambitious reforms aimed at improving the business environment as a strategic lever for stimulating investment and entrepreneurship, Morocco has made significant progress in recent years and has received positive rankings in several reports from globally recognized institutions.
In this context, Zidan explained that Morocco received a good ranking in the first edition of the new World Bank report assessing business readiness globally, which covered fifty countries. This ranking reflects the quality of the regulatory framework and the availability of public services in various fields.
Regarding the facilitation of the investment process, the government is continuing to implement a roadmap for improving the business climate, focusing on four main pillars: enhancing the structural conditions for investment and entrepreneurship, supporting national competitiveness through financing, access to land, and renewable energy; fostering an environment conducive to entrepreneurship and innovation; and upholding values of ethics and integrity while also preventing corruption.
In figures, Zidan clarified that the government has simplified 22 administrative procedures related to the investment process, which has led to a 45% reduction in the number of required documents from investors. Additionally, there has been actual decentralization for 15 investment-related processes at the local level to expedite decision-making.
