- Ratification of 15 agreements and annexes for investment projects worth more than 10.8 billion Dirhams.
- created more than 2,900 direct and indirect jobs.
- Since the beginning of the government's mandate, 46 draft agreements and annexes with a total value of more than 33.4 billion Dirhams have been approved during five meetings of the Investment Committee, creating approximately 5,816 direct jobs and 8,475 indirect jobs.
The Head of Government, Mr. Aziz Akhannouch, chaired, on Wednesday, April 20, 2022, in Rabat, the meeting of the Investment Committee at its eighty-fifth session (85), in the presence of Mr. Abdelouafi Laftit, Minister of the Interior, Mr. Nizar Baraka, Minister of Equipment and Water, Mr. Khalid Ait Taleb, Minister of Health and Social Protection, Ms. Fatima Ezzahra El Mansouri, Minister of Territorial and Land Planning, Housing and City Policy, Mr. Mohamed Sadiki, Minister of Agriculture, Fisheries, Rural Development, Water and Forests, and Mr. Younes Sekkouri, Minister of Economic Integration. Mr. Ryad Mezzour, Minister of Industry and Trade, Ms. Fatim- Zahra Ammor, Minister of Tourism, Handicrafts and Social and Solidarity Economy, Ms. Leila Benali, Minister of Energy Transition and Sustainable Development, Mr. Mohcine Jazouli, Minister Delegate to the Head of Government in charge of Investment, Convergence and Public Policy Evaluation, Mr. Fouzi Lekjaa, Minister Delegate to the Minister of Economy and Finance in charge of the budget, and Ms. Ghita Mezzour, Minister Delegate to the Head of Government in charge of digital transition and management reform.
At its eighty-fifth session, the Investments Committee considered 17 draft conventions and convention annexes. It has ratified 15 of them, with a total value of 10.8 billion Dirhams, and will create 2,907 direct and indirect jobs.
The telecommunications sector is at the forefront of investment projects studied by this committee, with a value of 5.7 billion Dirhams, or approximately 53% of the total prospective investments. In second place was the industrial sector, with investments of approximately 3.2 billion Dirhams.
Projects with national or mixed capital represent the largest part of the expected investments with about 9.2 billion Dirhams.
On this occasion, The Head of Government referred to the importance of investment as a key lever for economic recovery and an essential mechanism for job creation.
In this regard, the Government has been fully mobilized to implement the structural reforms to be undertaken in order to enhance the dynamism of investment throughout the national territory, within the framework of the implementation of the High Instructions of His Majesty the King, may God protect him, relating to the Investment Charter.
During the work of the Fifth Investment Committee, the Head of Government recalled the need to ensure the efficiency and effectiveness of the examination of projects under consideration by the Investment Committee and to maintain the regular pace of meetings, which the Committee has been holding since the beginning of the current government mandate.
The Head of Government stressed that the meetings of the Investment Committee are not only an occasion to ratify new agreements, but also an opportunity to take stock of the progress recorded at the level of important projects approved in previous meetings, and to solve the problems that may hinder their completion.
It is worth mentioning that since the beginning of the current government term, five meetings of the Investment Committee have been held, during which 46 draft agreements and annexes were approved, with a total value of more than 33.4 billion dirhams and the creation of approximately 5,816 direct jobs and 8,475 indirect jobs, as these results reflect the positive path of investments in Morocco, despite the difficult international situation, which is the fruit of the Kingdom's solid economic foundations.