The Spanish Center for Technological Development and Innovation (CDTI) has strategically invested 5 million euros over three years in Morocco, targeting the infusion of new information technologies across key sectors like infrastructure, automotive, and agriculture.
During a seminar titled “Entrepreneurial Innovation at the Service of Investment” in Rabat, Javier Ponce, the CDTI’s general director, revealed this initiative. The event drew participation from representatives of around thirty Moroccan and Spanish public and private entities.
Ponce emphasized the focus on technological collaboration in critical economic sectors for both nations. Logistics, deemed crucial due to the extensive port and airport networks connecting continents in both countries, was a primary area. Additionally, attention was directed to the automotive industry, where Spain ranks second in EU production and Morocco leads in Africa.
Highlighting agriculture’s significance, Ponce stressed the need for advanced technical management in light of climate change challenges. He underscored Spain’s position as the third-largest country globally in technology-based agrotech companies, advocating for the adoption of biostimulant technologies in agricultural production to ensure sustainability.
Ponce outlined the impending EU ban on chemical fertilizers by 2030, asserting the necessity of adapting agricultural practices towards biostimulants and technology-driven solutions.
According to José Manuel Durán, the CDTI delegate in North Africa and the Middle East, this Spanish entity has financially supported 20 projects in Morocco over three years, totaling a budget of 5.3 million euros.
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