This was announced in Casablanca by MeM and CGEM

Bélgica invertirá por valor de 2.000 millones de euros en Marruecos


Belgium will invest around 2 billion euros in Morocco, according to a meeting in Casablanca between the Moroccan organisation Moroccan Businessmen for the World (MeM) and the General Confederation of Moroccan Enterprises (CGEM). 

The investment will be paid over the next 6 to 12 months. The purpose of these injections of money will go to the region of Dakhla-Oued Eddahad, specifically in the port and transport sector of the city, as agreed at the meeting of MeM EN Belgium with the CGEM.

The group of Moroccan entrepreneurs has created a corporation to serve as a bridge for the introduction of capital between the Flemish country and Morocco. This consortium will support companies that want to join the investment project. All the information needed to invest in specific projects will be provided by the institution. Said Bouharrak, member of the delegation and president of the Durcim Group, presented a large number of plans through which different Belgian companies will be able to invest in Morocco. Among the main investment sectors are port management, storage and transport of natural gas, hydrogen, wind energy, recycling and agriculture.

For his part, the president of the CGEM, Chakib Alj stressed, during his speech, the potential that Morocco represents for foreign investors, expressing the willingness of the Confederation to mobilize and support companies to realize all these projects.


In his statements to the press, he specifically mentioned a project in the agricultural sector, related to the export of red meat. "The changing conditions in Europe with regard to ritual slaughter present a real opportunity to start exporting," he said. He pointed out in this regard that the Flemish partners plan to carry out this investment of around 314 million euros distributed throughout Morocco, and completed by saying that "the Moroccan partners will collaborate with us from start to finish to achieve a certain quality and comply with the traceability and hygiene report".

In addition, another company wants to move to Morocco to set up a plastics recycling project. It is estimated that the company will invest around 150 million euros in this project. The company's main objective will be to help reduce the amount of plastic waste by investing in a waste recycling and construction plan.

Rabat, in its rise to a country of green energy and sustainability outside of hydrocarbon revenues, is not only negotiating and attracting investors in the heart of Europe, but also with the rest of its neighbours on the African continent. Morocco has strengthened its foreign investments on the African continent, just as it has strengthened its economic presence on the continental stage, thanks to a new vision based on partnership.

Morocco's King Mohammed VI undertook a series of tours to boost the African cooperation process, within the framework of the 'win-win' economic equation, which is based on a strategic vision of forging strong alliances between Morocco and African countries, especially on its western flank.

Morocco also seeks to establish an economic bloc in Africa, capable of negotiating and defending the continent's vital interests. This strategy, associated with King Mohammed VI's style of government, is based on the search for new partners, within the framework of the policy of pluralism that Morocco is pursuing in its economic and trade relations at the international, continental and regional levels.

As a result, Morocco has for several years recorded a growing trend of outward investment, particularly in sub-Saharan African countries, making it a strategic orientation for national companies wishing to internationalise their activities. All this has enabled the Maghreb country to become a major investor in sub-Saharan Africa and especially in West African countries