Creation of a regional investment fund in Casablanca-Settat

The Casablanca-Settat regional council voted, this Monday, October 7, during its ordinary session organized in Mohammedia, three points relating to the creation of a regional investment fund.

View of the city of Casablanca

October 7, 2024 at 11:07 a.m.

Modified October 7, 2024 at 11:17 a.m.

The Casablanca-Settat regional council voted, this Monday, October 7, during its ordinary session organized in Mohammedia, three points relating to the creation of a regional investment fund.

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This is firstly a draft framework partnership agreement between the wilaya of Casablanca-Settat, the council of the Casablanca-Settat region, CDG group, CDG Invest, and the Casablanca Regional Investment Center. Settat for the creation of a regional investment fund.

“This is a fund dedicated to small and very small businesses, with a budget of 241 million DH, whose objective is to boost job creation,” declared Abdellatif Maâzouz, president of the Advice.

On the same occasion, the council voted by majority (47 votes) a project to create a limited company for the management of this fund, as well as a draft shareholders’ charter and statute of the limited company.

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Kenza Khatla

October 7, 2024 at 11:07 a.m.

Modified October 7, 2024 at 11:17 a.m.

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