This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The Regional Investment Center (CRI) of Tangier-Tétouan-Al Hoceima and the International Finance Company (IFC) concluded, on Monday in Tangier, a strategic partnership in order to strengthen the competitiveness and attractiveness of the region and support its economic development.
This partnership, funded by the State Secretariat for the Swiss Economy (SECO), will bring the CRI a targeted technical assistance and will be based on expertise and international best practices to accelerate the economic transformation of the region, said a joint press release from the two institutions.
The signature ceremony, which was followed by the presentation of the IFC report on the adoption of the framework of industrial eco-chops, developed during the preparatory phase of the partnership, marks a key step in collaboration between IFC and CRI, informs the same source, noting that the event has brought together the main players in the regional economic ecosystem, illustrating local synergies and a shared vision in favor of sustainable development.
“This partnership marks a key step to position the region as a leading economic hub. Thanks to the expertise of IFC and the support of Seco, we create the conditions for sustainable and competitive development,” said the CRI of Tangier-Tetouan-Al Hoceima, Yassine Tazi, quoted in the press release.
“Alongside the wilaya, the regional council and local economic players, we support companies in their transition to decarbonation and their alignment with international standards, in particular through the establishment of certified eco-parcs”, he continued, adding that this initiative will strengthen the attractiveness of the region and its integration in global value chains, while promoting responsible investment and sustainable growth.
Within the framework of this cooperation, IFC supports the CRI in the implementation of the fundamental bases which will facilitate the decarbonation of industrial zones, an essential lever to strengthen their sustainability and their efficiency, attract foreign investments, strengthen competitiveness to the export of local businesses and stimulate job creation.
According to the press release, this cooperation will also strengthen the promotion of investments in strategic green sectors, such as logistics and electric vehicles.
For its part, the regional representative of IFC for the Maghreb, David Tinel, noted that the transition to a sustainable economy represents a unique opportunity for the region to attract more private investments and to make it a green, strategic industrial pole between Europe and Africa.
“Our partnership with the CRI of Tangier will allow the region to strengthen its economic dynamism and accelerate its growth, by affirming the strategic role of regional investment centers as engines of the local economy,” he said.
As for Françoise Salamé Guex, head of economic cooperation and development at the Swiss Embassy, she said that Switzerland is delighted to strengthen the business climate in the Tangier-Tétouan-Al Hoceima region, by establishing a favorable framework for sustainable investments, in order to strengthen industrial competitiveness and stimulate the creation of qualified jobs, bearers of prosperity for the region and the kingdom.
IFC actively supports the economic development of the Kingdom of Morocco, in particular through a first collaboration with the CRI of Marrakech-Safi, now followed by its partnership with the CRI of Tangier-Tétouan-Al Hoceima, notes the press release, noting that the objective is to stimulate regional investments to strengthen competitiveness and promote inclusive economic growth.
