Riyad Mezzour calls for a collective mobilization around energy as a key lever to accelerate industrial development

Riyad Mezzour calls for a collective mobilization around energy as a key lever to accelerate industrial development

- in Economy

Ryad Mezzour Calls for Collective Mobilization Around Energy as a Key Lever to Accelerate Industrial Development

In a strong call during the opening of the seventh edition of the “Industrial Meetings”, held on Monday, July 21, Industry and Trade Minister Ryad Mezzour urged for collective mobilization around a fundamental lever for industrial development in Morocco: energy.

Addressing an audience that included economic stakeholders, diplomats, and institutional partners, Mezzour affirmed that Morocco possesses significant opportunities to transform current international challenges—such as trade tensions, rapid technological changes, and environmental issues—into genuine motors for development. He stated, “We are turning difficulties into opportunities, and we need collective mobilization to keep pace with ongoing transformations.”

The minister identified three essential pillars for the future of the national industry. The first is the strategic vision of His Majesty King Mohammed VI, which he described as “a continuous ambition and constant vigilance for the Kingdom’s advancement at all levels.”

The second pillar is the Moroccan youth, whom he regarded as an enormous and previously underestimated human resource, saying: “Youth is no longer a problem; it has become our primary strength, producing with world-class quality and standards.”

The third pillar is the abundance and affordability of renewable energy. The minister stressed that Morocco “has never before had the opportunity to access clean and inexpensive energy as it does today,” considering this a decisive factor in enhancing industrial competitiveness, provided that appropriate infrastructure is in place.

Regarding what is known as the trio of “training, financing, and real estate,” or the 3F, Mezzour called for moving beyond this traditional discussion, focusing instead on a single, crucial element: “Enough talk about the 3F; talk to me about the E: energy, energy, energy.” He added, “We need to double or even triple our capacity to transmit electricity if we want to reach new levels of development.”

In showcasing the achievements of Moroccan industry, the minister pointed out that production has reached one million cars annually and that battery manufacturing has been launched. He noted that the sector is poised to triple its turnover thanks to battery integration, with the aviation sector expected to quadruple by 2030.

Mezzour concluded by affirming that “industrial transformation is underway at a rapid pace, but no sector can advance without unlocking our potential in the transmission and provision of clean energy.”

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