87th Session of the Investments Committee

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  • Ratification of 12 agreements and 14 annexes for investment projects worth more than 28.5 billion Dirhams.
  • Expected creation of more than 3,735 direct jobs and 23,182 indirect jobs.

The Head of Government, Mr. Aziz Akhannouch, chaired, on Friday, January 27, 2023, in Rabat, the meeting of the Investment Committee at its eighty-seventh session (87), where the Committee examined 12 draft agreements and 14 annexes, and approved these 26 investment projects, with a total value of 28.5 billion Dirhams, which will enable the creation of more than 3,735 direct jobs and 23,182 indirect jobs.
The higher education sector tops the approved investment projects, followed by the industry sector and the tourism sector.
In terms of job creation, the higher education sector also comes at the forefront with a total of 1560 expected direct jobs, followed by the trade and real estate sector and then the tourism sector.
In addition, projects with national capital account for 96% of the prospective investments, with about 27.5 billion Dirhams.
During the meeting, The Head of Government recalled the importance of reforming the state's policy in reviving investment, and the need to adapt it to the profound transformations taking place in our country at all levels, in the implementation of the High Royal Instructions related to investing an engine of socio-economic development.
Mr. Aziz Akhannouch also praised the measures taken by the government to accelerate reform projects aimed at facilitating investment, especially simplifying and digitizing procedures, administrative decentralization, and facilitating access to real estate, in addition to improving the urban framework.
 


He also highlighted that these structured projects would contribute to strengthening the attractiveness and competitiveness of the Kingdom and contribute to strengthening the climate of trust that makes Morocco an attractive investment destination.
Since the beginning of the current government term, 7 sessions of the Investment Committee have been held, during which 84 draft agreements and annexes with a total amount of 67.6 billion were approved, and 10,259 direct jobs and 33,418 indirect jobs were created.
 The meeting was attended by Mr. Mohamed El Hajoui, Secretary General of the Government, Ms. Nadia Fettah, Minister of Economy and Finance, 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 National Territory Planning, Land Planning, Housing and City Policy, Mr. Younes Sekkouri, Minister of Economic Integration and Small Business, Employment and Competencies, Mr. Ryad Mezzour, Minister of Industry and Trade, and Ms. Fatim- Zahra Ammor, Minister of Tourism, Handicrafts, and Social Economy. Abdellatif Miraoui, Minister of Higher Education, Scientific Research and Innovation, Leila Benali, Minister of Energy Transition and Sustainable Development, Mohamed Abdeljalil, Minister of Transport and Logistics, Mohcine Jazouli, Minister Delegate to the Head of Government in Charge of Investment, Convergence and Public Policy Evaluation, and Ali Seddiki, Director General of the Moroccan Agency for Investment and Export Development (AMDIE).

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