The CNI approved investment projects worth more than 152 billion dirhams

Hibapress

The National Investment Commission (CNI) has approved investment projects for a total amount exceeding 152 billion dirhams (billion dirhams) since the entry into force of the new Investment Charter and its operationalization, indicated Tuesday in Rabat the Minister Delegate in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli.

In response to a question on “measures to stimulate private investment” posed by the group of the General Confederation of Moroccan Enterprises to the Chamber of Advisors, Mr. Jazouli indicated that these projects will create 71,300 direct jobs and indirect, confirming that private investment in Morocco “has experienced positive dynamics”.

In addition, the minister estimated that, compared to previous investment support schemes, the new Investment Charter made it possible to attract a greater number of investment projects contributing more to job creation.

In order to continue this investment dynamic at the local level, Mr. Jazouli highlighted the government’s action to implement a new vision of Regional Investment Centers (CRI). This vision aims to transform them into major players in the promotion of regional investment by providing them with an adequate legal framework and the necessary resources to support more investment projects. At the same time, the minister indicated that in execution of the High Royal Instructions, the government is working to promote productive and job-creating private investment, and to direct it towards promising sectors in order to achieve qualitative progress in terms of development. .

Regarding the operationalization of the new Investment Charter, Mr. Jazouli recalled the activation of the main investment support system and the system dedicated to strategic projects, before highlighting an improvement in the business climate and facilitation of the investment process thanks to the implementation of the new roadmap for improving the business climate 2023-2026.

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