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 to adjust the balance of investments between the public and private sectors by 2035. The target is to reverse the current proportions, reaching a two-thirds majority of private investments and one-third public investments. Investment projects Morocco 2024
Key sectors driving Morocco’s industrialization efforts
The May 2023 commission centered its investments on the industrial sector, while the session in July 2023 turned its attention to electric mobility and mining. The January 2024 commission then prioritized the agri-food and tourism industries, and by February 2024, investments were directed towards the chemical, para-chemical, and mining sectors. These targeted and strategic investments showcase the Moroccan Government’s efforts to diversify economic activities and attract more private investments, thereby fueling job creation and overall economic growth.
PDR 2022-2027 13.4 BILLION DIRHAMS INJECTED INTO THE SOUSS MASSA ECONOMY