The Unified Regional Investment Commissions (CRUI) have processed a total of 2,012 projects in various industrial sectors for investments of more than 800 billion dirhams (MMDH), under the current government mandate, indicated Tuesday in Rabat the head of government, Aziz Akhannouch.
Speaking during the monthly session of oral questions on the government’s general policy in the House of Advisors focused on “the national industrialization policy”, Mr. Akhannouch specified that these projects will generate more than 275,000 direct jobs, underlining the particular attention paid by the Executive to the development of Moroccan industry and the strengthening of its national and international positioning.
The government, aware of the importance of industrial acceleration zones and industrial zones in general, has ensured the development of a land offer capable of encouraging investment and guaranteeing optimal spatial distribution for creation wealth and stable employment opportunities, he added, noting the signing of 30 agreements relating to industrial infrastructure for an investment of more than 7.5 billion dirhams.
In this context, he recalled that since October 2021, 32 projects have been launched to create and expand industrial acceleration zones, industrial zones and economic activity zones, which projects will make it possible to generate additional industrial land supply of 3,705 hectares, or 30% of the current total area, during the first three years of the current mandate.
According to the head of government, the progressive launch of the industrial zone “The Mohammed VI Tanger Tech city” was also carried out, as a radiant model of the partnership between Morocco and China, of undeniable added value for the national industry, since it is a sustainable and integrated industrial city likely to contribute to the acceleration of economic dynamics in Tangier.
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Likewise, he underlined that with the High approval of HM the King, may God assist him, two industrial zones dedicated to defense were set up with a view to attracting investment projects in the arms industry, munitions, defense and security equipment, which represents an important step towards the establishment of a solid national industrial platform, capable of gradually consolidating strategic sovereignty in the field of national defense.
And to continue that the legal arsenal linked to the development, management and development of industrial zones has been consolidated in the direction of the fight against land speculation, just as the establishment of an electronic platform for the benefit of Moroccan and foreign investors to inform them of the different land offers dedicated to industrial investment.
The head of government noted, in this context, that since the launch of the first operation of the “Project Bank” program focused on the diversification of the national economy and the strengthening of local production in this area, 1,864 projects investment have been identified in the different regions of the Kingdom.
These projects, with a forecast investment value estimated at 119 billion dirhams, offer real opportunities for investment and substitution of imports with local products, he said, noting that they will allow the creation of more 181,000 direct jobs.
Mr. Akhannouch specified that in this context 654 projects have already passed the signature phase for an investment of around 78 billion dirhams, which will generate more than 89,000 jobs.
IDM with MAP
