The Moroccan Government Approves Nearly 200 Investment Projects to Boost Economy
The Moroccan government has recently given the green light to nearly 200 investment projects, signaling a significant milestone for the country’s economy. These projects, approved by the National Investment Commission (CNI), are expected to attract a total investment of 241 billion dirhams (approximately €22.32 billion).
Head of government Aziz Akhannouch praised the decision as a reflection of the success of the new investment charter. Since its implementation, 115 projects valued at MAD 173 billion have been approved, leading to the creation of over 96,000 jobs across various sectors such as industry, trade, transportation, renewable energy, and more. Social sectors like education, healthcare, and tourism are also anticipated to benefit from this surge in investment.
The government’s strategic roadmap for 2023-2026 focuses on enhancing the business climate by providing comprehensive support to both Moroccan and foreign enterprises. Akhannouch emphasized the importance of innovative support systems and governance mechanisms to drive investments and promote stability in the country.
With the recent approval of various projects and the commitment to fostering a competitive economic model, Morocco is poised to attract more investors and create a thriving business environment for sustainable growth.
