The Investment Commission met on Tuesday in Rabat, under the chairmanship of the Head of Government, Aziz Akhannouch, approving a total of 13 projects for a budget of more than MAD2 billion, according to the Minister Delegate in charge of Investment, Mohcine Jazouli.
Mohcine Jazouli stressed that the approved projects during this session will enable the creation of around 5,000 jobs, including 2,000 direct and 3,000 indirect jobs.
The budget of MAD2 billion will be divided into MAD1 billion for local investments, and MAD1 billion will be allocated to foreign investments in strategic sectors, including electronic chips for vehicles and pharmaceuticals investment, he said.
Jazouli also specified that this 81st meeting is the first to be held in this new government, taking into account the instructions of King Mohammed VI for the development of investments, mainly in private investments, following the New Development Model (NMD) and Akhannouch’s government program.
The Minister said this government hopes to boost investments, adding the Head of Government decided to hold talks about that every week in order to identify the different projects that will be created by the end of the current year, as well as review all the investment files to speed up the future investments in the country.
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