Morocco approves MAD 326 billion in investment projects, aiming to surpass 2026 targets

Morocco approves MAD 326 billion in investment projects, aiming to surpass 2026 targets
Wednesday 21 May 2025 - 22:38

Morocco has approved 161 investment projects totaling 326 billion dirhams ($32.8 billion), a move expected to generate approximately 150,000 jobs, according to Minister of Investment, Convergence, and Policy Evaluation Karim Zidane.

Speaking at a public forum organized by the Lafki Titwani Foundation, Zidane reaffirmed the government’s commitment to implementing King Mohammed VI’s national investment roadmap, which seeks to mobilize 550 billion dirhams and create 500,000 jobs by 2026.

“We are on the right track to exceed these goals,” Zidane said, forecasting that total investments may reach 600 billion dirhams before the roadmap’s deadline.

The minister also acknowledged structural barriers to investment, citing excessive bureaucracy and the role of intermediaries as key challenges. “It is unreasonable to require redundant or contradictory documents to launch a project,” he said, pledging urgent administrative reforms within his ministry.

Addressing recent controversy over livestock imports, Zidane defended the government’s decision to import sheep amid drought conditions and a national livestock shortage. He criticized what he described as “misinformation” in the media and urged more responsible reporting on economic matters.

Zidane highlighted emerging sectors such as green hydrogen, renewable energy, battery manufacturing, and textiles as key to Morocco’s future competitiveness. He said Morocco’s strategic geographic location, preferential trade agreements with the United States and the European Union, and a skilled labor force position the country as an increasingly attractive destination for global investors.

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