The Investment Commission has just held its 75th session in Rabat.
It thus approved 20 draft agreements and amendments to investment agreements, in several vital sectors including telecommunications, energy, renewable energies, industry and tourism, for an overall budgetary envelope exceeding 25 billion DH, expected to generate the creation of 3,000 direct employment positions, bringing the total number of projects approved by this commission to 68. The distribution of investments by sector highlights the predominance of the industrial sector with 21.55 billion DH, or 37% of projects approved by the commission, followed by the telecommunications sector with 10.91 billion DH, or 18% of projected investments.
In terms of job creation, the industry and tourism and leisure sectors are the main providers of projected jobs approved by the commission in 2018. The projects in these two sectors provide for the creation of 2,850 jobs each, or a share of 30% for each sector. For its part, the fishing and agri-food industry sector should generate 2,038 jobs (22%), while the telecommunications sector would create 607 jobs (6%). In terms of investment at the regional level, the Laâyoune-Sakia El Hamra region takes the lion’s share (29.81%) of the investment projects approved by the said commission, with an amount of 17.18 billion DH.
As a reminder, Morocco gained two places in the global competitiveness index established by the World Economic Forum in 2018, ranking 75th out of 140 countries.
source: challenge.ma
