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GREEN HYDROGEN INFRASTRUCTURE: PORTS, DESALINATION FACILITIES, ANDTRANSPORT NETWORKS

A driving program for infrastructure, innovation, and enhancements Projects focusing on green hydrogen will demand additional infrastructure that adheres to international standards, prompting the involvement of all ministerial departments within a system of cross-sectoral governance. (Studies - financing scheme - planning - pooling - development - maintenance - needs assessment - opening up to private…

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CAPACCESS ADDRESSES FINANCING CHALLENGES FOR MOROCCAN SMES

Breakthrough for SMEs as collateral obstacles for bank credit are removed On Tuesday, March 5, 2024, the Mohammed VI Fund for Investment (FM6I) and the Professional Grouping of Banks of Morocco (GPBM) officially launched the CapAccess Fund. For its first operational product, FM6I has positioned itself as a savior of SMEs by addressing a major…

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2024 PUBLIC BUDGET MARKS RECORD INVESTMENT IN THE KINGDOM’S INFRASTRUCTURE

A forecasted public investment of 335 billion dirhams, showing an 11% increase compared to 2023 In Morocco, public investment serves as a key indicator of the economic dynamics and future development prospects of the country for the upcoming decades. It unequivocally acts as a magnet for private investment, which views these budgets as both a…

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56% SURGE IN PUBLIC INVESTMENT IN CONSTRUCTION SECTOR FOR 2024

Three key factors boosting the national construction sector Thanks to continuously rising public budgets backing the Kingdom's infrastructure projects, the construction ecosystem maintains strong performance. In 2024, the state budget dedicated to infrastructure saw a significant jump of 56%, indicating a resurgence and rejuvenation of the sector with a suite of projects matching the Kingdom's…

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THE NATIONAL INVESTMENT COMMISSION APPROVES PROJECTS WORTH 152 BILLION DIRHAMS

Four National Investment Commissions held in less than a year. Investment projects Morocco 2024 Four National Investment Commissions have successfully approved 87 projects in under a year, committing a total of 152 billion dirhams and resulting in 25,270 new direct jobs. These achievements are part of the implementation of the new Investment Charter, which aims…

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PDR 2022-2027 13.4 BILLION DIRHAMS INJECTED INTO THE SOUSS MASSA ECONOMY

The PDR has dedicated 35% of its budget, or 13.4 billion dirhams, towards initiatives set to revolutionize the regional economy. 13.4 billion dirhams investment in Souss Massa Building on the economic momentum driven by the Souss Massa Regional Development Program (PDR), high expectations are now set on the current roadmap for 2022-2027, following the…

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The Dry Port & the Industrial Acceleration Zone of Agadir

A gateway to fostering an exportdriven industry in Souss Massa for the next 30 years. The Agadir Atlantic Hub Dry Port project, enthusiastically supported by local authorities, the Regional Council, and the CGEM Souss Massa, is expected to begin soon. The integration of the dry port on a 100-hectare plot of land taken from…

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SOUSS MASSA REGIONAL DEVELOPMENT PROGRAM 2022-2027 Balancing realistic ambitions with the urgency of imperatives

The Regional Development Program 2022-2027 (RDP), which was approved during the ordinary session in July 2023 by the Souss Massa Regional Council, fulfills the desires of all regional stakeholders. The process of developing the roadmap, from assigning the study to implementing it, involved allocating the necessary time to consider the recently introduced national directions and…

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AGADIR METROPOLIS is taking its place at the center of the Kingdom thanks to the Urban Development Program of the city of Agadir (2020-2024)

Throughout its history, the development of Agadir has followed a unique urban path. After undergoing a remarkable reconstruction in the 1960s and a period of thriving tourism in the 1980s, the city remained stagnant for many years, lacking momentum and failing to keep up with its rapidly growing population. Everything changed with the Royal Speech…

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