Morocco Approves $396 Million in Renewable Energy and Transport Investments, Creating 756 Jobs

These approved projects will promote the creation of 756 direct and indirect jobs, a press release from the Prime Minister’s Department said, adding that they will be carried out in the renewable energy (75%) and transport (25%) sectors.

Present at the proceedings, Aziz Akhannouch recalled the need to accelerate the investment dynamic in order to meet the objectives of economic recovery, the creation of stable jobs and the creation of added value in the country.

In this regard, he asked to maintain a sustained pace of approval and signing of investment agreements, in order to comply with the company’s time and best meet the expectations of Moroccan and foreign investors.

Note that the foreign mixed capital projects presented at this commission represent the majority of the projected investments, with nearly 3 MMDH, and the national capital projects represent some 973 million dirhams (MDH).