Morocco Approves $2.3 Billion in New Investments, Creating Over 8,500 Jobs

During the 78th Interministerial Investment Commission (CI), 45 draft agreements and addenda were approved for a total investment volume of 23.38 billion dirhams, reports L’Économiste. The creation of 3,194 direct and 5,406 indirect jobs is planned.

"The investment files processed have been maintained in their entirety by the project owners," says Hicham Boudraâ, acting director general of the Moroccan Investment and Export Development Agency (AMDIE). On this occasion, he presented on behalf of the Minister of Industry the breakdown of the investments approved by the Interministerial Investment Commission, by sector and by region.

He assured that "Morocco continues on its logical growth path of business." With this overall investment volume (23.38 billion dirhams), Hicham Boudraâ believes that the kingdom is positioning itself as a true business platform.

"There is a real interest and motivation from investors to continue deploying their investments in the country. Moreover, no investor has revised their commitments to the projects processed by the CI. On the contrary, all projects are maintained according to pre-established implementation deadlines," he added.