Morocco Approves $970 Million in New Investments, Creating 8,000 Jobs

These projects will create 8,000 jobs, the statement said, adding that despite the ongoing health crisis, foreign and national investors continue to trust Morocco.

Education and Higher Education occupy the first position with investments of 6.85 MMDH, or nearly 33% of the total projected investments. Tourism and leisure occupies the 2nd place with 4.08 MMDH, or more than 19% of the investments, followed by the Energy sector in 3rd position with 3.74 MMDH, or nearly 18%.

It should be recalled that the Interministerial Investment Commission is a government body placed under the authority and chairmanship of the Head of Government and whose secretariat is ensured by the Moroccan Agency for Investment and Export Development (AMDIE).

It is responsible for approving investment agreements and contracts requiring financial contribution from the State or linking the latter to investors.