Karim Zidane highlights the strategic role of Regional Investment Centers in Morocco

The Minister Delegate for Investment, Convergence and Evaluation of Public Policies, Karim Zidane, highlighted the strategic role of the Regional Investment Centers and emphasized the economic dynamism of the Tangier-Tetouan-Al Hoceima region, which continues to attract major investments.

Zidane chaired the meeting of the CRI TTA Board of Directors, where he took the opportunity to pay tribute to the efforts made by the CRI TTA team to respond to the growing expectations of investors and economic operators and invited all players in the ecosystem to continue their efforts to consolidate the region's position as a pole of attraction and competitiveness at the national and international levels.

During his speech, Yassine Tazi, director of the CRI TTA, presented the Center's annual review of achievements. He highlighted the results obtained, marked by a notable improvement in the main regional investment indicators, reflecting sustained economic momentum and increased regional attractiveness.

At the start of the Council, the minister recalled the general guidelines of King Mohammed VI on investment promotion and the need to establish a unified and coherent investment governance framework capable of stimulating economic momentum and accelerating growth in order to achieve the objectives set for private investment.

In this regard, he highlighted the strategic role played by Regional Investment Centers as key players in regional economic development, particularly through the promotion, simplification of administrative procedures, and strengthening of the business climate.

This is the first meeting since the entry into force of the reform of the CRIs, initiated in accordance with the provisions of Law No. 22-24, which amends and supplements Law No. 47-18 on the reform of the CRIs and the creation of the Unified Regional Investment Commissions (CRUI). No. 22-24, which amends and supplements Law No. 47-18 on the reform of the CRIs and the creation of the Unified Regional Investment Commissions (CRUI), whose objective is to strengthen their role in attracting and supporting investment at the regional level.

Thus, the Unified Regional Investment Commission ruled in 2024 on 838 investment files, of which 88% were approved by the CRUI (737 projects), for a total investment amount of 85 billion dirhams, representing an increase of 16% compared to 2023. These projects, which were processed favorably within an average period of approximately four days, will enable the creation of nearly 68,700 jobs in the long term.

The year 2024 has also been marked by the support of more than 6,200 project promoters under various programs, such as “Investangier Academy,” “Manar Al Moustatmir,” “Learning By Doing,” and the open innovation competition “Territory Development Challenge” (TDC), demonstrating the Center for the Development of Entrepreneurship, Innovation, and Sustainability of SMEs' ongoing efforts.

In addition, the CRI has organized and participated in more than 76 events at the regional, national, and international levels, in coordination with regional ecosystem actors, to promote the territory's offerings and attract new productive investments, successfully accompanying more than 113 delegations as part of their international prospecting and development missions.

At the end of the Council meeting, the members unanimously approved all the resolutions included on the agenda, encouraging the CRI to continue its efforts to ensure the optimal implementation of the roadmap of the Ministry of Investment, Convergence and Evaluation of Public Policies (MICEPP) and the achievement of the objectives set.