Khalid Safir: ‘Spaniards and Moroccans are partners because we work in a strategic partnership based on mutual trust and respect’
The CEO of Caisse de Dépôt et de Gestion (CDG) highlighted the common goals of Spanish and Moroccan business leaders: to create wealth and generate employment
Khalid Safir, Director General of CDG, a Moroccan state-owned financial institution, participated in the forum ‘Morocco & Spain: Investing Together For a Sustainable & Shared Future’ held recently in Madrid. At the end of the forum, Safir spoke to the media to assess the conclusions of the day.
‘The aim of this meeting, organised by the Moroccan Agency for Investment and Export Development, in collaboration with CEMAES and CGEM, is to present the potential and investment opportunities in Morocco,’ explained the head of the financial institution.
In Safir's opinion, ‘it is always a pleasure to meet our Spanish partners and friends, and I emphasise the word partners because we work within the framework of a strategic partnership based on mutual trust and respect, but also on common objectives for the creation of wealth and the generation of employment, with the aim of sharing this prosperity’.
With regard to the financial institution he represents, Khalid Safir pointed out that ‘I have had the opportunity to present the role played by the Caisse des Dépôts et de la Gestion in supporting national public policies, particularly in the industrial acceleration programme, with the creation of industrial zones, agropoles and offshore parks’.
Safir emphasised that the CDG ‘also plays a role as a long-term institutional investor that supports the implementation of these national policies, particularly in terms of project structuring, providing financing solutions and technical support to ensure the success of these projects’.
The CDG is a state-owned financial institution. Founded in 1959, it plays an important role in financing the national economy. Its consolidated balance sheet is equivalent to approximately 25% of Morocco's national GDP.
