The 2025 Finance Bill (PLF) appears to be a cornerstone of Morocco’s strategic ambitions, particularly in the field of defense. Among the flagship measures, the tax exemption granted to companies operating in the military industry opens the way to accelerated development of this key sector, indicates the daily Eco Inspirations in its Wednesday, November 20 edition.
Quoted by the daily, Abderrahmane Mekkaoui, specialist in strategic and military issues, emphasizes that this measure is a strong signal sent to Moroccan and international companies, encouraging them to invest in this highly strategic sector. With these incentives, the Kingdom expects a rapid modernization of its industrial capabilities. It is now a question of manufacturing more sophisticated equipment, in partnership with international companies ready to transfer their technologies in sectors such as drones, ballistic missiles, parts for combat tanks or armored vehicles.
“American, Korean, Japanese and Chinese companies have already started discussions to establish themselves in strategic cities like Casablanca, Tangier and Agadir, where industrial zones dedicated to defense have recently been created», lit.
«In addition, the possibility of importing raw materials without customs duties and re-exporting without taxes constitutes an undeniable competitive advantage. says Abderrahmane Mekkaoui. For him, these developments require significant investments and an attractive legislative framework, like the measures included in the PLF 2025.
The impact of this industrial revolution goes far beyond the military framework. This sector could absorb a large part of young Moroccan graduates, particularly those trained in the military services. The re-export of products manufactured in Morocco, permitted by national legislation, also offers considerable opportunities on international markets.
«The combination of tax incentives, strategic investments and international collaborations sets the stage for an industrial and military revolution. By redefining its model, the Kingdom asserts its sovereignty and its role in a changing world», summarizes Les Inspirations Eco.
Par Lamia Elouali
11/19/2024 at 8:52 p.m.
