Morocco is today asserting itself as a leader in terms of the quality of infrastructure in Africa, underlined the director general of the Moroccan Agency for the Development of Investments and Exports (AMDIE), Ali Seddiki.
Speaking at a conference as part of the inaugural day of “Paris Infraweek” (November 4 to 8), one of the main European meetings dedicated to infrastructure financing, Mr. Seddiki indicated that since the accession at the Throne of His Majesty King Mohammed VI, the Kingdom has made exceptional progress in the development of its infrastructure.
Morocco, he said, is “ranked number one for the quality of infrastructure in Africa”. Thanks to strategic investments in the port, rail, road, air and digital sectors, the Kingdom offers an attractive environment for cutting-edge companies and strengthens its global connections, underlined Mr. Seddiki during this conference on the theme: “Morocco -France-Infrastructures: towards new models of partnerships”.
He indicated in this context that the New Development Model (NMD) draws an ambitious roadmap for Morocco by 2035, aiming to create “inclusive and sustainable growth”.
The Kingdom indeed aspires to strengthen regional connectivity through the expansion of road, rail and port networks, he said, emphasizing in particular the importance of improving the sustainable management of water and the development of new renewable energy capacities.
Morocco is committed to accelerating its energy transition by targeting 62% of its energy capacity from renewable sources by 2030 and by developing infrastructure to support green hydrogen and batteries, noted the DG of AMDIE .
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Highlighting the important role of private investment in favor of development, Mr. Seddiki specified that between 2011 and 2021 Morocco stood out for its dynamism in terms of public-private partnership (PPP) with nearly 12 billion euros in cumulative transactions.
And to specify that as part of the deployment of the new investment charter, a portfolio of nearly 100 PPP projects estimated at nearly 14 billion euros is deployed in sectors such as transport, water, waste management, health and education.
Furthermore, the Moroccan official noted that preparations for the 2030 World Cup also represent a catalyst for modernizing sports infrastructure, with a budget of 5 billion euros planned for projects linked to this global competition, dedicated notably the construction and modernization of stadiums, as well as the improvement of transport infrastructure.
“We are co-organizing this World Cup with our European partners, we can co-write the new phase of socio-economic development of the Kingdom, and enjoy the Time of Morocco together,” concluded Mr. Seddiki.
Organized by the French Ministry of Economy and Finance and Paris Europlace – an organization representing the financial center of the French capital, “Paris Infraweek” brings together nearly 2,500 participants each year, from all ecosystems in the sector. Its objective is to decipher the latest trends in infrastructure development and financing, while promoting the creation of partnerships and cooperation, both on an industrial and financial level.
This edition, which is held on the theme “infrastructure at the heart of global decarbonization”, focuses on the central role of the latter in the ecological and digital transition of economies, as well as in their contribution to green reindustrialization.
