The Investments Committee convenes at its 81st session and the first of the current government mandate
- Approval of 13 investment projects worth more than 2 billion Dirhams
- Creation of about 5,300 expected jobs
The Head of Government, Mr. Aziz Akhannouch, chaired, on November 23, 2021, in Rabat, the meeting of the Investment Committee at its eighty-first session, the first in the current government term, which was attended by Mr. Mohamed El Hajoui, Secretary General of the Government, Mr. Nizar Baraka, Minister of Equipment and Water, Ms. Fatima Zahra Mansouri, Minister of Territorial Planning, Land Planning, Housing and City Policy, Mr. Younes Sekkouri, Minister of Economic Inclusion, Small Business, Employment, and Skills, Ms. Leila Benali, Minister of Energy Transition and Sustainable Development, and Mr. Mohamed Mehdi Bensaid, Minister of Youth, Culture, and Communication, and Mohcine Jazouli, Minister Delegate to the Head of Government in charge of investment, convergence and evaluation of public policies.
As His Majesty King Mohammed VI has stressed on several occasions, investment is at the heart of Morocco's development mechanism.
Investment is one of the priorities set by the new development model, as well as the government program.
Indeed, the convening of the first meeting of the Investments Committee under the current government mandate, in a short period, consecrates the will to give a strong boost to investment. The periodicity of the meetings of the Investment Committee will also be strengthened to speed up the ratification of the agreements and better respond to the expectations of Moroccan and foreign investors.
At its 81st session, the Investment Committee considered and approved 13 draft agreements and annexes to the agreement, with a total investment value of 2.09 billion, which will enable the creation of 5,294 direct and indirect jobs.
The industrial sector constitutes 54% of the investment value, followed by the trade and distribution sector with 33%, and the health sector with 13 %.
The value of programmed projects with national capital is 1.13 billion Dirhams (54%), while the value of mixed foreign capital is 956 million Dirhams.