
Morocco Seeks to Attract US Aerospace Investors in High-Level Trade Mission
The Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid El Alamy, began on Monday a working visit to the United States to meet with American investors.

The Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid El Alamy, began on Monday a working visit to the United States to meet with American investors.

From August 9 to August 13, the Agency Urbaine de Rabat-Salé (AURS) is organizing open house days for the benefit of Moroccans residing abroad.

Announced in 2016, the Nigeria-Morocco gas pipeline will be the longest in Africa and should serve Morocco and Spain. Despite the difficulties, this project is progressing and will be delivered as soon as possible, in accordance with the will of King Mohammed VI and his counterpart Muhammadu Buhari.

Activities related to the cultivation, production, manufacture, transport and marketing of cannabis can now be carried out legally in Morocco . The Official Bulletin of July 22, 2021 has just made public law 13.21 relating to the legalization of its legal use for medical and industrial purposes.

As of 2023, lump sugar and soft wheat flour will see their state subsidies completely eliminated. This measure also concerns butane gas, but will be done in two stages.

Morocco’s global trades have shown good performance both in terms of exports and in terms of investment attractiveness. Nevertheless, the effects of the health crisis related to the Covid-19 pandemic have not spared any sector.

In rural areas, Morocco has reached 99.78% electrification in 2020, allowing nearly 13 million Moroccans to have electricity for a total amount of 24.65 billion dirhams (MMDH). This is what the National Office of Electricity and Drinking Water (ONEE) reports.

The regional accounts for 2019 are now available. Greater Casablanca, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima are the three regions that contribute more than half of the Moroccan GDP .

23 projects of investment conventions and addenda to investment conventions, for a total amount of 9.74 billion Dirhams (MMDH), were examined and approved on Friday by the Investment Commission.

The Moroccan Consulate General in Strasbourg organized a webinar for the Moroccan diaspora based in the region. The aim is to present these potential investors with investment opportunities in Dakhla , a region which, due to its geographical position, is a real exchange platform between Morocco, Europe and sub-Saharan Africa.

A grouping of Crédit Agricole Maroc, CIH Bank, Al Barid Bank and CDG Capital within the same holding company is in preparation. The objective: to harmonize and target the state’s intervention and contribute more significantly to financing economic activities .

After a series of changes made to make the Béni Mellal region attractive, the Regional Investment Center (CRI) Béni Mellal-Khénifra organized an operation to seduce the Moroccans Residing Abroad. To this end, communication is being made to present the investment opportunities offered in the region.