Institutional coordination in Morocco to implement the Investment Charter in Tangiers

Moroccan institutions reinforce their support for investors through new legislation, a key driver for economic growth and regional competitiveness
El ministro Karim Zeidan - PHOTO/ REDES SOCIALES
Minister Karim Zeidan - PHOTO/ SOCIAL NETWORKS

In an effort to strengthen the private investment strategy in Morocco, the minister delegate to the head of government in charge of investment, convergence and public policy evaluation, Karim Zidane, led an important meeting in the Tangier-Tetouan-Al Hoceima region. The meeting brought together various key players in the investment ecosystem, such as the governor of the region, Younes Tazi, and the president of the Regional Council, Omar Moreau, as well as representatives of ministries, public institutions, banks, professional chambers and civil society organisations. 

This meeting is part of the process of implementing the new Investment Charter, which aims to boost private investment in the country. The meeting allowed for the promotion of closer collaboration between the public and private sectors, working together to achieve ambitious objectives for the region, which include the mobilisation of 76 billion dirhams in private investment and the creation of 88,000 jobs between 2022 and 2026. 

During the session, the challenges facing investors in the region were identified and addressed, as well as the numerous opportunities it offers, especially in sectors such as industry, tourism, logistics, renewable energy and the migration of services. In addition, strategies were agreed to improve the business climate, accelerate the execution of investment projects and ensure that investments are aligned with the objectives of the new charter, which seeks to boost economic development and job creation. 

The meeting also served to reaffirm the commitment of the Ministry of Investment, the Moroccan Agency for Investment and Export Development and the Regional Investment Centre to provide the necessary support to investors, helping them to take advantage of the incentives established by the new legislation, which is presented as a key driver for economic growth and improved competitiveness in the region.