The big meeting to transform the money of Moroccans living abroad into industrial projects

– bySylvanus · 2 min read
The big meeting to transform the money of Moroccans living abroad into industrial projects

Tangier will host in May a national forum to encourage Moroccans living abroad to invest in the country. The objective is to transform fund transfers into concrete high value-added projects for the national economy.

Tangier is about to become the capital of diaspora investment. Next May, the city will host a major national forum to mobilize Moroccans living abroad (MDM). Co-organized by the Ministry of Investment, this event aims to transform this community into a strategic partner in the development of the Kingdom, far beyond the usual money transfers.

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This grand gathering will bring together expatriate investors, executives from public institutions and private sector players. The program includes two days of intensive exchanges and networking. To convince the participants, field visits to the main structuring projects in Tangier are organized. The idea is to confront the skills of the diaspora with the realities and concrete opportunities on the ground.

To simplify the life of project leaders, the government is preparing the launch of an integrated digital platform. This one-stop digital shop will centralize all the essential information: taxation, regulations, regional incentives and support mechanisms. This multilingual tool will allow for a smooth and interactive support, including the sharing of experiences between investors to break down the last administrative barriers.

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This offensive is part of a global strategic vision. The country wants to attract productive projects to boost its economic and social growth. By strengthening its attractiveness and facilitating the procedures, Morocco hopes to convince its citizens living abroad that the national territory is now a land of major opportunities for their capital and expertise.