Morocco Approves $720 Million in Investments, Set to Create 4,500 Jobs

These projects will, according to the government, promote the creation of more than 4,500 direct and indirect jobs.

On this occasion, Aziz Akhannouch recalled the essential role of the commissions in facilitating the act of investing and encouraging public and private initiative in this area.

In the breakdown of investments by sector, the Higher Education sector comes first with 6.26 BMDH, or more than 87% of the targeted investments. This is followed by the Tourism sector with 476.1 million dirhams, or 7% of the investments, the commission said, noting that the rest of the budget is devoted to the Logistics sector with 155 million dirhams (2%), Health with 115 million dirhams (1.6%) and Industry with 114 million dirhams (1.6%).

As for the sectoral ranking of jobs, the Higher Education sector also comes first with the creation of 687 direct jobs. It is followed by Tourism with 230 direct jobs, then Health with 165 direct jobs and finally 122 direct jobs for the industry and logistics sectors.