The Head of Government Chairs the 6th National Investment Commission Established by the New Investment Charter
- 56 investment projects approved, totaling 134 billion dirhams, including 45 billion dirhams of private investment, creating nearly 28,000 jobs:
- Approval of 52 projects under the main mechanism of the new Investment Charter, amounting to 113 billion dirhams, creating nearly 18,000 direct and indirect jobs.
- Approval of 4 projects with strategic importance, amounting to 21 billion dirhams, creating nearly 10,000 direct and indirect jobs.
- Designation of strategic importance for 3 additional projects, worth 14 billion dirhams, creating nearly 38,000 direct and indirect jobs.
- 32 provinces and prefectures across 12 regions of the Kingdom are targeted.
On Tuesday, December 10, 2024, in Rabat, the Head of Government, Mr. Aziz Akhannouch, chaired the 6th National Investment Commission meeting, established under the new Investment Charter, which has been operational since March 2023, in line with the High Directives of His Majesty King Mohammed VI, may God assist him.
The 6th National Investment Commission approved 48 project agreements and 4 amendments under the primary framework of the new Investment Charter. The 52 approved projects represent a total investment of 113 billion dirhams, of which 24 billion dirhams are private investments, creating nearly 18,000 jobs (10,000 direct and 8,000 indirect).
The Commission also approved 4 strategically significant projects in sectors such as electric mobility, renewable energy industries, and seawater desalination in the regions of Guelmim-Oued Noun, Tanger-Tétouan-Al Hoceima, and Casablanca-Settat. These projects represent a total investment of 21 billion dirhams, creating nearly 10,000 direct and indirect jobs.
Furthermore, the Commission examined 3 additional projects for strategic designation. These projects, totaling 14 billion dirhams, are expected to create 38,000 direct and indirect jobs in the textile, electric mobility, and telecommunications sectors.
The approved investments under the main mechanism span 32 provinces and prefectures across the Kingdom’s 12 regions, including areas such as Fès, Meknès, Ifrane, M’diq-Fnideq, Larache, Boujdour, Khouribga, Essaouira, Safi, Taroudant, Errachidia, Nador, Oued Ed-Dahab, and El Haouz.
These projects cover 19 economic sectors, including telecommunications, renewable energy, tourism, construction materials, electrical industry, rail industry, healthcare, agro-food, logistics, chemistry-parachemistry, textiles, automotive, plastics, and outsourcing.
The tourism sector is the top job generator among projects approved in the main mechanism, accounting for 19% of the total, followed by construction materials (18%), healthcare (15%), and agro-food (8%).
During the meeting, the Head of Government highlighted that, as outlined in the 2025 Finance Bill, private investment support and job creation remain among the government’s top priorities. He emphasized that all stakeholders are fully mobilized to sustain the momentum created since the implementation of the new Investment Charter, in accordance with the High Directives of His Majesty King Mohammed VI.
As the fourth session of 2024, this 6th Commission sets new records in terms of investment amounts and job creation, further demonstrating the positive impacts of the new Charter on private investment in the Kingdom.