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Investment Commission: 275 agreements for more than 393 billion DH

The net flow of FDI sees a sharp increase
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This article was automatically translated from HIBAPRESS, the Arabic version:

Hibapress

The meetings of the National Investment Commission led to the approval of 275 project agreements for an investment amount of more than 393 billion dirhams (MMDH), including nine strategic projects of more than 65 MMDH, said on Tuesday In the House of Councilors, the head of government, Aziz Akhannouch.

Intervening during a plenary session devoted to the questions addressed to the head of government about general policy, under the theme “Economic and financial indicators and the strengthening of the place of Morocco internationally”, Mr. Akhannouch noted that these projects will contribute to the creation of some 195,000 direct and indirect jobs.

He expressed an unprecedented dynamism of the National Commission with the holding of 14 sessions marked by a very positive assessment in terms of creating jobs and the nature of the projects adopted.

To guarantee a conducive to investment climate and increase the FDI, the implementation of the strategic roadmap has been implemented by 2026 for the development of the business climate in Morocco through 46 projects, A- he continued.

According to Akhannouch, this government roadmap, drawn up in accordance with high royal orientations, reflects the climate of transparency and constitutes an answer to all forms of corruption in the field of business, in particular through the simplification and digitalization of administrative procedures By reducing the number of documents by 45 % on average, as well as the processing time for files.

It is also the simplification of the procedure linked to investment including that relating to town planning authorizations, the mobilization of the land base and operating authorizations by adopting the legal and operational framework for the creation of ‘Companies electronically, he continued.

Mr. Akhannouch also mentioned the strengthening of economic transparency through the revision of the law on the freedom of prices and competition, in addition to reducing payment deadlines and the search for solutions to the problems linked to it and which hinder The proper functioning of national companies and improvement to accessibility to land and industrial areas through the adoption of the law relating to industrial zones.

This law, he explained, aims to implement the kingdom’s policy on the development of industrial infrastructure by guaranteeing additional industrial land of 3,700 hectares, accompanying industrial investment and dealing with problems to the management of industrial zones.

Mr. Akhannouch also discussed the development of new financing mechanisms through the law relating to collaborative financing and that relating to credit information offices to finance the projects carried out by young people and innovative initiatives through the appeal to electronic platforms to create a direct and transparent link with project leaders.

It is also a question of facilitating access to public orders as a lever for economic development, promoting innovation and culture of entrepreneurship by implementing reforms focusing essentially on the adoption of a unified system Public contracts, by guaranteeing a clearer vision to economic operators, by consolidating the national preference system and the digitization of procedures for accessing and monitoring the execution of public procurement via the electronic portal: “Marchespublics.ma”, underlined Mr. Akhannouch.

The rate of realization of the various axes of this new roadmap is experiencing a significant development, added Mr. Akhannouch, noting that the National Committee for the Business Environment has launched since 2023, 83 % of the initiatives and projects contained in the of road.

The realization rate reached 41 % on all scheduled projects, he concluded.

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