Akhannouch approves 47 investment projects worth 51 billion dirhams, creating 17,000 jobs.

Akhannouch approves 47 investment projects worth 51 billion dirhams, creating 17,000 jobs.

- in Politics

Prime Minister Aziz Akhannouch chaired the eighth session of the National Investment Committee on Thursday, June 26, 2025, in Rabat. This committee was established under the new Investment Charter, which came into effect in March 2023, in line with royal directives aimed at supporting investment and stimulating regional development.

The meeting approved 47 investment projects, including 36 agreements and 11 supplementary agreements, as part of the basic support system. The total value of these projects is 51 billion dirhams, and they are expected to create approximately 17,000 jobs, including 9,000 direct and 8,000 indirect positions.

The approved projects span 23 provinces and regions across 10 areas, notably including Errachidia, Ouezzane, Chefchaouen, Essaouira, Béni Mellal, Taroudant, and Boujdour, reflecting a clear trend towards equitable distribution of investment and enhancing developmental balance among regions.

The sectors benefiting from these projects are diverse, covering 20 sectors, with the automotive industry, pharmaceuticals, food processing, energy, logistics, tourism, and outsourcing leading the way. The automotive sector recorded the highest percentage of created jobs, accounting for 54%, followed by the outsourcing sector at 9% and tourism at 8%.

This current session is the last to consider projects with investment values below 250 million dirhams, as future reviews of such projects will shift to the regional level, following Law 22.24 which amends and supplements Law 47.18, in the context of advanced regionalization and decentralization principles.

The committee also granted strategic status to five major investment projects in the automotive, chemical, textile, and mining sectors, distributed across the Fès-Meknes, Oriental, Souss-Massa, Rabat-Salé-Kénitra, Casablanca-Settat, and Tangier-Tétouan-Al Hoceima regions, reinforcing Morocco’s position as an attractive investment destination in vital industrial sectors.

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