237 investment projects worth 369 billion dirhams will create 166,000 job opportunities in Morocco
Kareem Zidan, the Minister Delegate for Investment, Convergence, and Public Policy Evaluation, reported that the National Investment Committee approved 237 investment projects over eight sessions, amounting to over 369 billion dirhams.
During a session for oral questions in the House of Representatives on Monday, the minister explained that these projects will contribute to the creation of more than 166,000 permanent jobs across various regions of the kingdom.
The minister emphasized that the ministry aims to promote private investment by activating the new Investment Charter, which serves as a mechanism to achieve economic development and enhance Morocco’s involvement in new and promising sectors.
Zidan stressed that the government prioritizes enhancing employment opportunities, considering that increasing public investment contributes to creating a favorable environment for developing investments capable of generating sustainable jobs.
In response to a question about improving the business environment to attract industrial investments, the minister noted that 98 percent of the initiatives outlined in the strategic roadmap for improving the business climate for the period 2023-2026 have been launched, with about 60 percent of them implemented by the end of June.
He pointed out that among the reforms completed are the activation of an electronic business registration project, the application of the legal framework for arbitration and mediation, the improvement of payment deadlines, and the simplification of administrative procedures related to investment, alongside enhancing coordination at the regional level.
He confirmed that the ministry is also working to improve the investor journey through an initiative aimed at simplifying and enhancing around 15 investment pathways to facilitate various stages of investment from inception to implementation.
