Conenergy, a German energy services specialist operator, announces investments in the Moroccan-British electrical project that would provide green energy from Morocco to the UK via the Xlinks marine cable.
The renovation work on Agadir airport will start next month and will last for 12 months, in order to meet the sustained growth in passenger traffic.
How to encourage Moroccans living abroad (MRE) to contribute to the economic development of Morocco? This is the theme of the first in a series of conferences initiated by the Trophées Marocains du Monde (FTMM) Foundation and BM Magazine. The meeting was held on Friday in London.
In the coming years, the "Stellantis" group intends to mobilize its resources to improve the production of cars at its plant in Kenitra. 300 million euros will be mobilized to produce 450,000 vehicles.
The Canadian company Aya Gold & Silver plans to invest $140 million in the Zgounder silver mine, 200 km south of Marrakech, to quintuple its production by 2024.
The Chilean group Agroberries, world leader in the production and marketing of berries, announced on Tuesday that it has invested 40 million euros in Morocco.
Following the adoption of the draft law on the legal use of cannabis, several foreign investors are expressing interest in investing in this field in Morocco. More than a dozen of them are awaiting their authorizations , according to Istiqlal MP Noureddine Mediane.
As of the end of June 2022, Morocco has attracted a net flow of foreign direct investment of 16.19 billion dirhams. The United States has overtaken France and has become the leading country of origin of FDI to the kingdom.
The real estate company Marina d’Or and Morocco have taken the preliminary steps to the arbitration settlement of the dispute that opposes them and relating to real estate investments in the kingdom. The Spanish company is claiming more than 400 million euros from Morocco.
The National Railway Office (ONCF) has planned an investment of more than 13.4 billion dirhams during the period 2023-2025.
The government maintains its support for the agricultural sector. This year, 3.7 billion dirhams in subsidies will be allocated to the sector, for a total investment of 7.4 billion dirhams.
The American automotive supplier Lear is strengthening its activities in Morocco with the inauguration in Meknes of a new plant, the 16th in the kingdom.