84th Session of the Investments Committee

• Ratification of 7 agreements and annexes for investment projects worth more than 7 billion Dirhams.
• Creation of 1204 direct jobs and 3329 indirect jobs 
• During the first four meetings of the Committee, the ratification of 31 agreements and annexes of about 22.5 billion Dirhams will enable the creation of 11,300 direct and indirect jobs.

The Head of Government, Mr. Aziz Akhannouch, chaired, on Wednesday, January 5, 2022 in Rabat, the meeting of the Investment Committee at its eighty-fourth session, which was held via videoconference, and which was attended by Mr. Mohamed El Hajoui, Secretary General of the Government, Mr. Nizar Baraka, Minister of Equipment and Water, Mr. Khalid Ait Taleb, Minister of Health and Social Protection, Ms. Fatima Ezzahra El Mansouri, Minister of Territorial and Land Planning, Housing and City Policy, Mr. Younes Sekkouri, Minister of Economic Inclusion, Small Business, Employment and Skills, Mr. Ryad Mezzour, Minister of Industry and Trade, Ms. Fatim-Zahra Ammor, Minister of Tourism, Handicrafts and Social and Solidarity Economy, Mr. Abdellatif Miraoui, Minister of Higher Education, Scientific Research and Innovation, Ms. Leila Benali, Minister of Energy Transition and Sustainable Development, Mr. Mohamed Abdeljalil, Minister of Transport and Logistics, Mr. Mohamed Mehdi Bensaid, Minister of Youth, Culture and Communication, Mr. Mohcine Jazouli, Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Mr. Fouzi Lekjaa, Minister Delegate to the Minister of Economy and Finance in charge of the budget, Ms. Ghita Mezzour, Minister Delegate to the Head of Government in charge of Digital Transition and Administration Reform, and Mr. Mohamed Faouzi, Secretary General du Ministry of Interior.
The Head of Government recalled the outcome of the work of the previous three sessions of the Investments Committee, stressing the key role played by the Committee in facilitating the investment process and encouraging public and private initiatives in this field. 
The Head of Government also stressed that the Investment Committee is a mechanism for regular tracking of projects, which enables anticipation of any potential obstacles during the completion of projects or addressing them. 
At its eighty-fourth session, the Investment Committee considered and approved 7 draft agreements and annexes with a total value of 7.19 billion Dirhams, which will create more than 4,500 direct and indirect jobs. 
The sectoral distribution of projects shows that the higher education sector ranks first in terms of the value of investments, with 6.26 billion Dirhams, or about 87% of the expected investments.
 The tourism sector ranks second with investments of 476.1 million Dirhams (7%), followed by logistics with 155 million Dirhams (2%), health with 115 million Dirhams (1.6%), and industry with investments of 114 million Dirhams (1.6% ). 
The expected jobs through the agreements that have been ratified are mainly concentrated in the higher education sector with the creation of 687 direct jobs, the tourism sector with the creation of 230 direct jobs, the health sector with 165 direct jobs, in addition to 122 direct jobs for the industrial and logistics sectors. 
 Projects with national capital constitute the bulk of the expected investments, with about 6.5 billion Dirhams, or more than 90 %. 
On the other hand, in the context of efforts to facilitate the currency of investment, this session of the Investments Committee was able to discuss key topics related to increasing investment dynamism and improving the business climate, in order to liberalize the qualifications for the development of investments on the national territory. 
This session was also an opportunity to address several problems that have been registered at the level of the private sector and expressed by the General Confederation of Moroccan Enterprises (CGEM). In this context, the Head of Government instructed the various participants to interact effectively and concretely with private actors in order to encourage investment. 
It should be noted that the first four sessions of the Investment Committee, held in the current government mandate, enabled the approval of 31 draft agreements and annexes, with a total value of more than 22.5 billion Dirhams and the creation of about 11,300 direct and indirect jobs.