Morocco Aims to Boost Industrial Competitiveness with Ambitious Decarbonization Plan

The Moroccan industrial sector is playing the card of innovation and competitiveness. Three strategic projects have been identified and will be carried out by 2023. Among these projects, there is one that aims to position the Kingdom as a decarbonized industrial base through the mobilization of a portion of the Kingdom’s renewable energies. The two other projects concern the confirmation of the Kingdom’s industrial position and the conquest of new markets, the improvement of the Kingdom’s competitiveness, reports aujourdhui le Maroc.

Covid-19 has reset the counters to zero and Morocco wants to take advantage of this to be a credible alternative for Europe, which has decided to implement a new tax called the carbon tax. The Minister of Industry, Trade and the Digital and Green Economy, Moulay Hafid Elalamy, had stated before the deputies that the trend in Europe is towards accelerating the ecological shift after the coronavirus crisis.

In this sense, Morocco has no worries, since it had already bet on sustainable development by massively investing in clean energy over the past two decades. "This policy of anticipating global trends that we had in Morocco now shows all its meaning. We will soon bring the share of clean energy to 52% in our energy mix. Part of this green energy production can be directed towards industry. This is our orientation. And we will deepen it further," the minister had confided to Parliament.

Moreover, the outlines of the new industrial strategy had been presented to industry leaders during the National Council of Enterprises, held in September at the headquarters of the General Confederation of Moroccan Enterprises. It is a matter of supporting industrial sectors, promoting entrepreneurship, and fostering the emergence of a new generation of industrialists, specifies the same source.