Morocco’s Regional Investment Centers Boost Business Creation, Supporting Over 18,000 Companies in 2020

In the country, 18,111 small, medium and very small companies, active or under creation in 2020, have benefited from the support and assistance services of the regional investment centers, said the Department of the Head of Government. More than 4,000 investors have also been supported by the CRI in the stages of project study and design and the constitution and filing of investment files.

According to the indicators, the average time for the study of completed investment files and the decision-making regarding them by the CRUI is 20 days and has allowed the validation of about 60% of the files. On April 29, the 4th meeting of the inter-ministerial steering committee for the reform of the CRI was specially dedicated to the analysis of the assessment of the CRI’s annual action plan in 2020 and the performance evaluation indicators, in accordance with the provisions of Law No. 47-18 on the reform of the CRI and the creation of the Regional Unified Investment Commissions (CRUI). Not to mention the examination of appeals filed by investors in terms of CRUI decisions having validated 1,499 investment projects in 2020 for nearly 151 billion dirhams and with nearly 153,000 jobs to be created.

With this assessment delivered after one year of institutional reform of the CRI, the members of the commission also went through some practical suggestions in order to improve the performance of these new generation centers.