As part of the call for projects “Imtiaz-Technologies Covid-19”, launched by the Morocco SMEs Agency, the public private selection committee approved 34 investment projects by MSMEs for manufacturing products and equipment used in the fight against this pandemic.
The activities covered by these projects concern the manufacturing of masks, personal protective equipment (medical overalls, protective clothes, etc.), medical devices, as well as hydroalcoholic gels and disinfectant products, said on Saturday a press release from the Ministry of Industry, Trade, and Green and Digital Economy.
Representing an investment amount of nearly 272 Mln MAD, these selected projects will generate 487 jobs across 7 regions: Rabat-Salé-Kenitra, Casa-Settat, Marrakesh-Safi, Fez-Meknès, Tangier-Tétouan-Al Hoceima, Souss-Massa and the eastern region, added the same source.
The approved projects will benefit from an investment subsidy of 30% of the amount of the investment capped at 10 Mln MAD for SMEs and 1.5 Mln MAD for micro enterprises.
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