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The Head of Government Chairs the 3rd National Investment Commission

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  • Approval of 42 projects under the main framework of the new investment charter, all undertaken by private enterprises, totaling 7.4 billion dirhams corresponding to the creation of 16,200 direct and indirect jobs; 
  • Nearly 60% of the approved private investment led by Moroccan companies; 
  • 21 provinces and prefectures, in 9 regions of the Kingdom, are concerned.

The Head of Government, Mr. Aziz Akhannouch, chaired, on Thursday, January 25, 2024, via videoconference, the 3rd National Investment Commission established by the new Investment Charter, confirming the dynamics of private investment in the Kingdom and demonstrating the positive impacts of the new Investment Charter, operational since March 2023, in accordance with the High Directions of His Majesty the King May God assist Him. 
Thus, the 3rd National Investment Commission approved 42 projects (34 convention projects and 8 amendments to conventions) under the main framework established by the new investment charter. The 42 approved projects, all led by private enterprises, amount to a total of 7.4 billion Dirhams, allowing the creation of over 16,200 jobs, including 5,900 direct and 10,300 indirect jobs.
The investment amount approved during this commission is led by nearly 60% by Moroccan companies, confirming that the new investment charter mainly benefits national enterprises. 
The main sectors concerned are agri-food and tourism, representing respectively 35% and 25% of the total approved amount, followed by waste management at 9% and logistics representing 6%. Other sectors include medical devices, pharmaceuticals, energy, aquaculture, chemistry/parachemistry, electronics, automotive, and textiles. Regarding the jobs created, the agri-food sector is the main job provider among the projects approved during this NIC, creating over 9,000 direct and indirect jobs, representing more than 56% of the total, followed by tourism at 13% and the pharmaceutical industry at 8%.
During the meeting, the Head of Government assured that supporting national private investment and job creation is a priority of the government, in accordance with the High Directions of His Majesty the King May God assist Him. Mr. Aziz Akhannouch also recalled that all stakeholders remain mobilized to sustain the observed dynamics, which is necessary for the economic recovery of our country.
Attending this 3rd National Investment Commission were Mr. Mohamed El Hajoui, Secretary-General of the Government, Mrs. Nadia Fettah Alaoui, Minister of Economy and Finance, Mr. Khalid Ait Taleb, Minister of Health and Social Protection, Mrs. Fatima Zahra El Mansouri, Minister of National Land Planning, Urbanism, Housing and City Policy, Mr. Mohamed Sadiki, Minister of Agriculture, Marine Fisheries, Rural Development, and Water and Forests, Mr. Younes Sekkouri, Minister of Economic Inclusion, Small Business, Labor, and Skills, Mr. Ryad Mezzour, Minister of Industry and Trade, Mrs. Fatima Zahra Ammor, Minister of Tourism, Handicrafts, Social and Solidarity Economy, Mr. Abdellatif Miraoui, Minister of Higher Education, Scientific Research and Innovation, Mr. Mohamed Abdeljalil, Minister of Transport and Logistics, Mr. Mohcine Jazouli, Minister Delegate to the Head of Government in charge of Investment, Convergence, and Evaluation of Public Policies, Mr. Faouzi Lekjaa, Minister Delegate to the Minister of Economy and Finance in charge of the Budget, Mrs. Ghita Mezzour, Minister Delegate to the Head of Government in charge of Digital Transition and Reform and Administration, and Mr. Ali Seddiki, Director-General of the Moroccan Agency for Investment and Export Development.
 

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