DayFR Euro

A meeting in London explores ways to encourage MRE investments in Morocco

Saturday, September 28, 2024 at 10:27

London – A meeting examined, Friday in London, the means for Moroccans living abroad (MRE) to make the most of the measures put in place by Morocco with a view to increasing their investments in the motherland.

This event, held under the theme “MDM Investments: New challenges, new financing, institutional responses”, is part of a cycle of conferences initiated by the Moroccan World Trophies Foundation (TMM) in the main capitals of the countries reception, in order to exchange with public and private institutional leaders and to encourage investments by MREs.

Speaking on this occasion, Ali Mahrez, from the Moroccan Agency for Investment and Export Development (AMDIE), recalled that His Majesty King Mohammed VI gave His High Instructions in 2022 to establish permanent and effective with MREs.

AMDIE has worked in this direction to provide information and advice to Moroccans around the world, “with the aim of allowing them to take full advantage of the great opportunities available in our country”, he underlined.

The agency is therefore available to MREs to help them familiarize themselves with the range of financing mechanisms and guarantees offered by the Kingdom, maintained Mr. Mahrez.

For his part, Karim Amor, president of the 13th region of the General Confederation of Moroccan Enterprises (CGEM), dedicated to Moroccans around the world, expressed the commitment of the private sector in the guidance and assistance of MREs wishing to invest in their country of origin.

The employers are also ready to put in contact expatriates wanting to invest in the same sectors of activity or the same regions of the Kingdom, with the aim of creating a favorable business climate and facilitating adaptation to the market, he said. -he assured.

Mohammed Afrine, CEO of Bank of Africa EuroServices, for his part, emphasized the importance of MRE fund transfers, which contrary to experts’ expectations continued to evolve positively after the Covid-19 pandemic, specifying that when it comes to deposits, this money allows banks to finance many projects.

However, according to Mr. Arfine, the strategy of all banks in the Kingdom is now to see more MREs wishing to invest on their own in Morocco, ensuring that “the banking sector is happy to support them in the realization and financing of their projects.”

All participants subsequently took part in a question and answer session where they particularly focused on the Kingdom’s new investment charter and the Mohammed VI Fund for investment, which plays a role leader in promoting investment and increasing the capacity of the national economy.

A networking session was an opportunity for Moroccan entrepreneurs to share their experiences and discuss the high-yield business opportunities available to Morocco, particularly in energy, agriculture, tourism, telecommunications and finance.

The meeting, which was attended by the Consul General of Morocco in London, Mouaad Ibriz, councilors from the borough of Westminster, members of the Council of the Moroccan Community Abroad (CCME) and representatives of Moroccan banks in the United Kingdom Uni, constituted an ideal platform for connecting potential investors with public and private institutions and Moroccan donors.

TMM organizes the Moroccan World Trophies event which has been held every year in Marrakech since 2017 and which rewards MREs who stand out in scientific research, entrepreneurship, politics, sport, culture and associative work.

-

Related News :