Minister of Industry, Trade and Green and Digital Economy Moulay Hafid Elalamy announced, Thursday in Casablanca, three strategic projects to strengthen the position of the Moroccan industry within the framework of the 2021-2023 Industrial Recovery Plan.
In a virtual presentation before the National Business Council (CNE) of the Moroccan employers’ body (CGEM), the minister stressed that the first project aims to confirm the position of the national industry and conquer new markets and industrial territories by using public procurement as catalyst.
The second project focuses on improving Morocco’s competitiveness through the implementation of phase II of the industrial strategy so as to become the most competitive global base for Europe, he added.
The third project, the official explained, aims to position the Kingdom as a low-carbon and circular industrial base and to mobilize a part of Morocco’s renewable energies for anchoring the industry.
This new industrial strategy, according to Mr Elalamy, also aims to support industrial sectors and strengthen their integration, increase jobs and value, develop industrial entrepreneurship and promote a new generation of industrialists.
The minister highlighted the assets on which Morocco must capitalize to succeed in its post Covid-19 industrial recovery, such as proximity to consumer markets, strong logistical responsiveness and free trade agreements. Such assets also include a significant and very competitive renewable energy potential, a qualified workforce and a consistent industrial strategy, he added.
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