7th National Investment Commission: Approval of 20 investment projects worth 17.3 billion
Rabat, January 29, 2025
The Head of Government, Mr. Aziz Akhannouch, presided over the 7th National Investment Commission set up by the new Investment Charter, operational since March 2023, in accordance with the High Orientations of His Majesty King Mohammed VI, may God assist him. The Commission continues its unprecedented momentum since the start of the current government mandate, with 14 sessions held to date in the former and current formats.
The National Investment Commission No. 7 has approved 15 draft agreements and 2 amendments to existing agreements as part of the main mechanism introduced by the new investment charter. The 17 projects approved are worth a total of almost 4.3 billion dirhams, and will create almost 5,500 jobs, including 3,900 direct and 1,600 indirect.
The projects approved under the main mechanism introduced by the new investment charter concern 14 provinces and prefectures in 7 regions of the Kingdom, notably the provinces of Beni Mellal, Guelmim and Tan Tan.
These projects concern 7 business sectors, including tourism, renewable energies, agri-food, automotive, packaging, lighting and outsourcing.
The tourism sector is the main provider of jobs for projects approved at this CNI under the main mechanism, with 42% of the total, followed by the automotive sector with 24%, the agri-food sector with 13% and outsourcing with 8%.
Commission n°7 also approved 3 strategic projects in the textile and leather, metal & metallurgy and telecoms sectors, notably in the Tangier-Tetouan-Al Hoceima and Rabat-Salé-Kénitra regions, worth 13 billion dirhams and creating almost 21,500 direct and indirect jobs.
During the meeting, the Head of Government asserted that our country is experiencing a continuous dynamic of private investment in many sectors of activity as well as in several provinces and prefectures of the Kingdom, thanks to the new investment charter, implemented in accordance with the High Royal Orientations.
Mr. Aziz Akhannouch noted that this positive dynamic of private investment in the Kingdom reflects the attractiveness of our country in terms of investment, and demonstrates that the worksites and programs launched by the government in several sectors now constitute a motivating factor for investment, as is the case for the tourism sector, which tops the list of investments presented to this commission following the relaunch it has undergone thanks to the tourism roadmap.
The meeting was attended by Nadia FETTAH, Minister of Economy and Finance, Nizar BARAKA, Minister of Equipment and Water, Mohamed SAAD BERRADA, Minister of National Education, Preschool and Sports, Fatim Ezzahra EL MANSOURI, Minister of National Planning, Urban Development, Housing and Urban Policy, Ahmed BOUARI, Minister of Agriculture, Maritime Fishing, Rural Development and Water and Forests, Younes SEKKOURI, Minister of Economic Inclusion, Small and Medium-Sized Enterprises, Employment and Skills. Ryad MEZZOUR, Minister of Industry and Trade, Fatima Zahra AMMOR, Minister of Tourism, Handicrafts and the Social and Solidarity Economy, M. Azzedine El MIDAOUI, Minister of Higher Education, Scientific Research and Innovation, Karim ZIDANE, Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Zakia DRIOUCH, Secretary of State in charge of Maritime Fisheries, Hicham SABIRY, Secretary of State in charge of Labor and Ali Seddiki, Director General of the Moroccan Agency for the Development of Investment and Exports (AMDIE).
