A national conference on the business environment was held Wednesday, brining various senior officials delivered their findings and views on how to attract more investment in the Kingdom.
The head of government, Wali BAM, Abdellatif Jouahri, reported an increase in public investment, which contributed to reviving the economic cycle.
The Minister of Investment and the Evaluation of Public Policies, Mohcine Jazouli, presented the 2023-2026 strategic roadmap for improving the business climate, which is structured around three pillars.
The first pillar focuses on the facilitation of investing and undertaking, the second on improving competitiveness factors, and the third on entrepreneurship and innovation.
The government has set ambitious objectives, including mobilizing 550 billion dirhams of investment and creating 500,000 jobs over the period 2022-2026.
The implementation of the Mohammed VI Fund for Investment and the new investment charter are crucial levers for revitalizing private investment. Jazouli stressed the need to significantly and sustainably boost private investment in Morocco. The conference also focused on ethics, integrity, and the prevention of corruption as a cross-cutting pillar in this new generation of reforms.
Morocco’s strategic projects for improving the business environment include the deployment of all the mechanisms of the new investment charter, the creation of a business by electronic means, improving access to public contracts, and reducing payment deadlines.
Other initiatives include strengthening the legal framework, accelerating the digitization of administrative procedures, setting up an investment and business climate observatory, mobilizing financing through innovative vehicles, improving access to green energy, promoting entrepreneurial culture, and strengthening the performance of human capital.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.