Launching a Program to Support Industrial Companies Towards Growth

Launching a Program to Support Industrial Companies Towards Growth

- in Economy

Launch of a Program to Support Industrial Companies Towards Growth

The Casablanca Stock Exchange, in partnership with the Ministry of Industry and Trade, and with support from the General Confederation of Moroccan Enterprises and the Moroccan Capital Market Authority, has launched a new program aimed at training and supporting promising industrial companies to enhance their growth ambitions and facilitate their access to stock market financing.

The official launch of this program was announced in the presence of the Minister of Industry and Trade, Ryad Mezzour, the President of the General Confederation of Moroccan Enterprises, Shukri Al-Alej, along with the Chairman of the Casablanca Stock Exchange, Ibrahim Benjelloun Al-Touimi, its General Director, Tariq Al-Sanhaji, and Nasser Sadiqi, Director of the Professional Sector at the Moroccan Capital Market Authority. The launch event also included participation from several executives of selected industrial companies that will benefit from the program.

The program aims to train and support national competencies across various strategic industrial sectors, including food, pharmaceutical, chemical, parachemical, and mineral industries. A total of 30 leading Moroccan industrial companies have been selected to participate, including companies with annual revenues exceeding 500 million dirhams, to enhance their financing capabilities and competitiveness.

The program will focus on four main axes: entrepreneurial mindset and capital opening, strategy and governance and organization, available financing solutions, and building and enhancing the investment narrative. By the end of the program, participating companies will have acquired the knowledge, tools, and best practices necessary to structure their financing projects and access capital markets, particularly through stock market listings.

This initiative underscores the commitment of various partners to support the growth of Moroccan companies and enhance the competitiveness of the national economic fabric, while highlighting the vital role of capital markets, particularly the Casablanca Stock Exchange, in financing the national economy and ensuring the sustainability of enterprises.

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