Morocco Unveils $318 Million Investment Plan, Creating 10,600 Jobs Across 10 Industries

There are a total of 73 investment agreement projects with a total cost of 2.8 billion dirhams, or the equivalent of $318 million, which will offer 10,600 job opportunities in 10 industrial sectors, mainly the textile sector, which will benefit alone, of 22 projects out of the 73 approved.

The same source indicates that the signing of the investment agreements took place in Casablanca under the auspices of Moulay Hafid Elalamy, Minister of Commerce and Industry.

The new investment projects represent an export potential of 1.4 billion dirhams, or the equivalent of $159 million, and an import potential of 4.4 billion dirhams, or $465 million.

In addition to the textile sector, the chemical industry will benefit from 17 projects, the food industry comes in third place with 15 projects. As for the plastics sector, it wins 6 projects ahead of the chemical industry, electricity and transport.