Karim Zidane emphasises Morocco's value proposition as a competitive and strategic investment destination
Karim Zidane, Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies of the Kingdom of Morocco, took part in the 14th edition of the Annual Investment Meeting (AIM) held in Abu Dhabi, capital of the United Arab Emirates (UAE).
The Moroccan Minister Delegate for Investment, Convergence and Public Policy Evaluation took part in the ministerial round table on investment held under the slogan ‘New Globalised World: Building Bridges and Creating Wealth’.
During his speech, Karim Zidane emphasised that Morocco places investment at the centre of the development model of the Moroccan kingdom, following the guidelines of King Mohammed VI.
A strategy that seeks to make investment a key driver of sustainable development, resilience to climate change, prosperity and inclusive development in the Moroccan kingdom.
The Moroccan minister emphasised the importance of making private capital flow in order to face existing global challenges, highlighting Morocco's role as a competitive and innovative investment centre, respectful of common values and committed to strong alliances. Karim Zidane emphasised the promotion of ‘Morocco's value proposition as a competitive and strategic investment destination’.
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Karim Zidane said he was honoured to participate in the AIM Congress, whose opening ceremony was attended by Thani bin Ahmed Al-Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates. A very important summit that brought together 12,000 attendees from 180 countries and which serves to analyse global investment trends.
‘I had the pleasure of participating in the opening ceremony of the AIM Congress in Abu Dhabi, presided over by His Excellency Dr Thani bin Ahmed Al-Zeyoudi, UAE Minister of State for Foreign Trade. I also attended the official inauguration of the exhibition, where I visited the Morocco Pavilion, which showcases Morocco's investment offer and its strategic sectors to the international investment community. This important global event, which brings together more than 12,000 participants from 180 countries, including heads of state, ministers, central bank governors, stock exchange presidents and representatives of the main institutional investors, provides a strategic platform for exploring global investment trends and promoting Morocco's value proposition as a competitive and strategic investment destination,’ said Karim Zidane himself.
Morocco and its attractiveness for investment
The 14th edition of AIM, organised under the slogan ‘The roadmap for the future of global investment: new direction of the investment landscape towards a balanced global system’, had an important Moroccan presence, whose delegation was headed by Karim Zidane himself and Ali Seddiki, general director of the Moroccan Agency for Investment and Export Development (AMDIE).
The Abu Dhabi Summit was marked by the organisation of an international exhibition in which Morocco participated through a national pavilion with the presence of AMDIE, with the aim of highlighting Morocco's investment offer and the promising opportunities of the Moroccan kingdom in different priority sectors.
Indeed, AMDIE received the award for Best Investment Promotion Agency in the MENA region (Middle East and North Africa), as well as the ‘Gold Partner’ award, during the Abu Dhabi Annual Investment Summit.
This prestigious award constitutes international recognition of the strategic reforms carried out under the guidance of King Mohammed VI, with a view to consolidating Morocco's position as a competitive, reliable and forward-looking destination for investment.
It also demonstrates the crucial role of the AMDIE in attracting, promoting and implementing high-potential foreign investment projects in the North African country.
In this vein, the Moroccan kingdom seeks to reinforce its presence on the international stage even further and to continue to attract high value-added investments in strategic national sectors to continue favouring the positive evolution of the nation.
Investment is an important element in the Moroccan state's plan for the country's continued development. Since his accession to the throne in 1999, King Mohammed VI has been clear about his strategy of modernising the nation and promoting major national economic and industrial development.
This involves favouring both national and international investment. In this dynamic, the New Investment Charter planned over the last few years seeks to mobilise tens of billions of dollars to promote investment and business activity in Morocco. It also includes certain beneficial tools to attract investment, such as attractive tax exemptions, facilitation and automation of all kinds of bureaucratic procedures and good conditions for setting up businesses in the North African country, catering for all kinds of economic sectors.
